Natural Gas Futures: Scope for extra gains near term

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Natural Gas Futures: Scope for extra gains near term Gas Commodities Energy OpenInterest Futures

n Thursday. On the other hand, volume shrank by nearly 60K contracts following three consecutive daily advances.extended the rebound after briefly visiting the sub-$2.00 region for the first time since September 2020 on Thursday. The uptick was in tandem with increasing open interest and this underpins the possibility of further gains in the very near term. Against that, a Fibo retracement of the December-February sharp decline near $3.

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