Commodity DNA | Natural gas

Natural gas

By Ibrahim Patel
Jun 05, 2023

NATURAL GAS FUTURES DOWN 52% SO FAR THIS YEAR STILL WEAK DEMAND

*Open interest in NYMEX rose to 1.387 million contracts its highest since September 2021 *Gas price collapse in Europe and Asia force US exporters to cancel LNG cargoes this sum ....

Natural gas

By Ibrahim Patel
Apr 20, 2023

Natural gas sentiments took a U-turn with changing news flow

*Session low of $1.946 on April 14 gas has leapt 22% over three sessions *Due to low gas prices and cooler temperatures power demand for natural gas was unseasonably high ....

Natural gas

By Ibrahim Patel
Feb 03, 2023

THICK PRESENCE OF BEARS AND BULLS AT THE CURRENT LEVEL IN NATURAL GAS

*Technically speaking gas futures have shown the formation of a bullish candle *Natural gas tumbled to a 22-month low of $2.431 on the storage data Natural gas consumption ....

Natural gas

By Ibrahim Patel
Aug 29, 2022

NAT-GAS PRICES ROSE TO A 14-YEAR HIGH AFTER RUSSIA HALT GAS FLOWS

*India/China are looking to build more reactors to avoid future supply shortages *Russia for now sits at the heart of global gas markets Nat-gas prices rose to a 14-year ....

Natural gas

By Ibrahim Patel
Jul 05, 2022

SHRINKING OPEN INTEREST/VOLUME AMIDST THE CURRENT LACK OF DIRECTION IN NATURAL GAS

*Open interest dropped by just 303 contracts Volume followed suit by around 210.7K contracts *Now that the Europeans have finally realized that the United States can’t bail th ....