- Analytics
- News and Tools
- Market News
- Natural Gas Futures: Further upside on the cards
Natural Gas Futures: Further upside on the cards
Considering preliminary readings from CME Group for natural gas futures markets, open interest added nearly 9K contracts to Thursday’s increase. Volume followed suit and rose for the third session in a row, this time by around 226.8K contracts.
Natural Gas now looks to $5.00 and above
Prices of natural gas extended the rally on Friday amidst rising open interest and volume, leaving the door open to the continuation of the uptrend in the very near term and with the immediate target at the $5.00 mark per MMBtu and beyond, area last traded back in late November 2021.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
