Market news
12.08.2022, 06:09

Natural Gas Futures: Extra gains in the pipeline

Open interest in natural gas futures markets rose by around 6.1K contracts after five consecutive daily drops on Thursday, according to preliminary readings from CME Group. In the same line, volume went up for the second session in a row, this time by around 92.5K contracts.

Natural Gas: On its way to the 2022 high

Prices of natural gas rose sharply on Thursday, reaching the third daily advance in a row. The marked improvement in prices was accompanied by rising open interest and volume, exposing the continuation of the uptrend in the very near term. That said, the next target of note emerges at the 2022 peak at $9.75 per MMBtu (July 26).

© 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.

AML Website Summary

Risk Disclosure

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.

Privacy Policy

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
Feedback
Live Chat E-mail
Up
Choose your language / location