Natural Gas Futures: Room for further decline Gas Commodities Energy OpenInterest Futures
ly pullbacks on Friday. On the other hand, volume shrank for the fourth straight session, this time by around 11.2K contracts.Friday’s third consecutive drop in prices of thewas accompanied by rising open interest, which is indicative that further weakness could be in store for the commodity in the very near term. Against that, a potential revisit to the $2.00 region per MMBtu in the near term should not be disregarded just yet.
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