Natural Gas Futures: Extra Advances Look Out Of Favor

Open interest in natural gas futures markets dropped for the third straight session on Tuesday, now by around 14.7K contracts. In addition, volume reversed two daily builds in a row and shrank by around 23.7K contracts.
 

Natural Gas: Further consolidation seems the name of the game

Prices of natural gas extended the weekly rebound on Tuesday. The uptick, however, was on the back of declining open interest and volume and suggests that a more serious recovery appears not favored for the time being, leaving the current consolidation range well unchanged.


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Disclosure: Information on this article contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes ...

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