Enter your emailOur expectations suggest that natural gas will rise during its upcoming trading.
Natural gas prices rose during recent trading at the intraday levels to achieve daily gains until the moment of writing this report, by 2.56%. It settled at the price of $4.304 per million British thermal units, after its rise in trading yesterday and for the third day in a row by It reached 2.79%.oilMeanwhile, natural gas futures rose midweek after one of the major weather models made the biggest reversal this winter, leading to a massive jump in demand expected for the next two weeks.
With weeks of persistent cold already in place, natural gas traders were closely watching the February outlook. However, weather models did not provide much certainty, with erratic fluctuations in coldness expected between different data sets. Technically, the rise of natural gas comes with the start of positive signals on the relative strength indicators. This is after they reached areas of oversold sales, to succeed in getting rid of the negative pressure of the simple moving average for the previous 50-day period. It settled above its current resistance level 4.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
What Happens if Russia Cuts Off Europe's Natural Gas?While Russia masses troops and military equipment near its border with Ukraine, parallel tensions have been building in world energy markets. It is not hard to see why. Natural gas flowing through a web of pipelines from Russia heats homes and power factories across much of Europe. Russia is also one of the continent’s key sources of oil. Now Western officials are considering what happens if Moscow issues a doomsday response to the tensions — a cutoff of those gas and oil supplies, in the depths
Source: YahooNews - 🏆 380. / 59 Read more »
Bugatti Confirms It’s Developing a New (Gas-Powered) HypercarIn a new video, CEO Mate Rimac reveals drivers will be “astonished” with its never-before-seen features.
Source: RobbReport - 🏆 309. / 63 Read more »
US struggles to find alternate gas sources to EU amid Moscow-Kiev standoffThere are 'logistical challenges, especially moving natural gas,' says Washington, which is holding talks with companies over a potential diversion of energy supplies to Europe if Russia invades Ukraine. Iran could be a better option I think 🤔😂
Source: trtworld - 🏆 101. / 63 Read more »
Man Crashes Stolen Car Into Parked Car, Hitting Gas Meter In South LoopA man stole a delivery driver's car before crashing into a gas meter in the South Loop. Always. Criminals drive for shit. UNDATED clickbait, posted a dozen times.
Source: cbschicago - 🏆 546. / 51 Read more »
Qatar emir to visit White House on Monday as Biden seeks gas supply for EuropeSCOOP: The emir of Qatar will meet with Biden on Monday to discuss Afghanistan and contingency plans to provide natural gas to Europe in the event of a Russian invasion of Ukraine, Axios has learned. cc Thinker_View Excellent!! Qatar is no moral step up! Their laws opressing women, LGBTs, and migrant workers are shocking and inexcusable. Let’s not enrich, empower, and endorse these abusers to “own the Russians.” Asinine Cold War mentality justifying propping up bad regimes still, gtfoh with that crap.
Source: axios - 🏆 302. / 63 Read more »