Gasoline (XB1) Up $0 in Last 4 Hours; Entered Today Up 0.12%
On a relative basis, gasoline was the worst performer out of all 6 of the assets in the energy commodity asset class today.
Energy Commodities
Last Updated July 6, 2020 at 1:50 GMT
The instruments in the Energy asset class that made the biggest moves, on a percentage basis, over the past day were Ethanol, Natural Gas, and Crude Oil. The chart below illustrates. None of the moves in the past day were especially noteworthy in terms of their size relative to their volatility over the past 30 days.
Trend News
Moving Averages In The Energy Commodity World
From the perspective of the alignment of moving averages — meaning where moving averages are ordered by their duration — we see that Natural Gas has perhaps the strongest trend. See the chart below.
Natural Gas (NG1) Up $0.12 Over Past 4 Hours, Outperforms All energy commodity; Entered Today Up For the 2nd Day In A Row
Natural gas outperformed all 6 assets in the energy commodity asset class since the previous day.
Heating Oil (HO1) Up $0.02 in Last 4 Hours; Entered Today Up 1.73%
Only creates 5x as much ghg emissions and is significantly more dangerous.
Crude Oil (CL1) Up $0.31 On 4 Hour Chart; Started Today Up 0.77%
Relative to other instruments in the energy commodity asset class, crude oil ranked 4th since yesterday in terms of percentage price change.
Ethanol (DL1) Up $0.06 Over Past 4 Hours; Started Today Up 4.8%
Relative to other instruments in the energy commodity asset class, ethanol ranked 2nd since the day prior in terms of percentage price change.
Brent (CO1) Up $0.3 Over Past 4 Hours, Entered Today Up 0.7%; in an Uptrend Over Past 30 Days
Out of the 6 instruments in the energy commodity asset class, brent ended up ranking 5th for the day in terms of price change relative to the day prior.
Gasoline (XB1) Up $0 Over Past 4 Hours, Started Today Up 0.12%; in an Uptrend Over Past 30 Days
On a relative basis, gasoline was the worst performer out of all 6 of the assets in the energy commodity asset class today.
Natural Gas (NG1) Up $0.12 On 4 Hour Chart, Outperforms All energy commodity; Crosses 50 and 100 Day Moving Averages
I worked through a pandemic to ensure the safety of oil and natural gas wells.
Heating Oil (HO1) Up $0.02 On 4 Hour Chart; Started Today Up 1.73%
Relative to other instruments in the energy commodity asset class, heating oil ranked 3rd since the day prior in terms of percentage price change.
Ethanol (DL1) Up $0.06 On 4 Hour Chart; Entered Today Up 4.8%
Relative to other instruments in the energy commodity asset class, ethanol ranked 2nd since the previous day in terms of percentage price change.