Spread dan syarat terbaik kami

CME Group’s flash data for natural gas futures markets noted traders trimmed their open interest positions for the third session in a row on Tuesday, this time by around 16.5K contracts. On the other hand, volume rose sharply by more than 184K contracts after four consecutive daily drops.
Prices of natural gas extended the uptrend on Tuesday amidst shrinking open interest, which leaves the door open to a corrective move in the very near term. However, the pronounced increased in volume could allow for the continuation of the uptrend. On the latter, the $3.00 mark per MMBtu remains the key obstacle for bulls for the time being.