Natural Gas Futures: Downside has further legs to go Gas Commodities Energy OpenInterest Futures
ccording to preliminary readings from CME Group. Volume, too, added to the previous daily build and went up by around 56.3K contracts.natural gas
, which put the key $2.00 mark per MMBtu to the test for the first time since September 2020 on Tuesday. The downtick was on the back of rising open interest and volume and still underpins the idea of further weakness in the near term. Against that, the September 2020 low near $1.80 now emerges as the next support of relevance.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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