CME Group’s flash data for natural gas futures markets noted traders reduced their open interest positions for the third consecutive session on Tuesda
y, now by around 3.4K contracts. Volume followed suit and dropped for the second session in a row, this time by around 25.2K contracts. Natural Gas: Initial resistance emerges around $3.
50 Prices of natural gas extended the rally for yet another session on Tuesday. The daily uptick, however, was accompanied by diminishing open interest and volume, unveiling the probability of some corrective move in the very near term. On the upside, initial hurdle appears around the $3.50 region per MMBtu.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Natural Gas Futures: Correction in the offing?Considering advanced prints from CME Group for natural gas futures markets, open interest shrank for the second consecutive session on Monday, this ti
Read more »
Natural Gas soars further on increasing supply woesNatural Gas prices edge higher on renewed woes from the supply side. Strikes are set to take place in Australia after talks between the union workers
Read more »
How Much Will EU Carbon Price Impact Things That Use Natural Gas Like Electricity, Cement, & Methanol?If anything in your value stream uses fossil fuels, and you are competing with organizations which don't have fossil fuels in their value streams, you are going to be losing business fast in the coming years.
Read more »
Fire and natural gas leak prompt street closures, shelter-in-place advisory in WoodstockA number of residents in north suburban Woodstock were urged to shelter-in-place and multiple streets were closed on Monday afternoon as emergency personnel…
Read more »
Chicago area home destroyed in possible natural gas explosionChicago area home destroyed in possible natural gas explosion
Read more »
Natural Gas surges higher amid supply concerns – ANZ“European gas surged higher amid concerns about the safety of Europe’s energy infrastructure,” analysts at Australia and New Zealand Banking Group (AN
Read more »