Natural Gas Futures: Probable consolidation near term By pabspiovano Gas Commodities Energy OpenInterest Futures
by nearly 8K contracts. Volume, in the meantime, shrank for the fourth session in a row, this time by around 60.8K contracts.prices was in tandem with rising open interest, which is indicative that a potential consolidative phase could be in the offing in the very near term. On the upside, the next hurdle emerges at the $8.00 mark per MMBtu.
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