Natural Gas Futures: Room for a bounce near term

In mild of superior prints from CME Group for herbal fuel futures markets, open activity reduced for the fourth consecutive session on Tuesday, this time with the aid of greater than 17K contracts. Volume, instead, reversed three every day pullbacks in a row and won round 74.1K contracts.

Natural Gas: Top in place?
The corrective go in herbal gasoline appears to have met help in the neighborhood of $4.70 on Tuesday. The downtick was once accompanied by means of diminishing open interest, casting off some energy from the downtrend and permitting for a near-term rebound. So far, expenditures of the commodity appear to have charted an intervening time pinnacle previous the $5.60 mark per MMBtu until now in the month.


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