Natural Gas Futures: Further weakness in store – by pabspiovano Gas Commodities Energy OpenInterest Futures
und 20.8K contracts. In the same direction, volume added around 27.4k contracts to the previous daily build.have been closing with losses since Monday, shedding around 8% during the same period. Wednesday’s downtick came on the back of rising open interest and volume and is indicative that further losses appear on the cards in the very near term. That said, further downside could prompt the commodity to visit the transitory 100-day SMA around the $2.40 region per MMBtu.
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