- Analytics
- News and Tools
- Market News
- Natural Gas Futures: Green light for extra rebound
Natural Gas Futures: Green light for extra rebound
CME Group’s flash data for natural gas futures markets noted open interest resumed the uptrend and rose by around 3.3K contracts on Wednesday. Volume followed suit and went up sharply, this time by around 102.3K contracts.
Natural Gas now re-targets $10.00
Prices of the natural gas extended the recovery and rose markedly beyond the $9.00 mark on Wednesday. The move was also against the backdrop of increasing open interest and volume, exposing the continuation of the current bounce in the very near term and with next hurdle of note at the 2022 high just above the $10.00 mark per MMBtu (August 23).
© 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
