Last Updated September 15, 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, Gasoline, and Natural Gas. The chart below illustrates. Note that Ethanol made an especially large and surprising move over the past day.
Price action traders in particular will want to note that the 14 day period appears to show price forming a base; this could indicate that a support/resistance level is developing.
And for candlestick traders, a special treat: there are doji and pin bar patterns showing up on the charts as well.
To cremate a body you need around 105 ft3 of natural gas.
Those trading within the energy commodity asset class should know that crude oil was the worst performer in the class today.
Relative to other instruments in the energy commodity asset class, ethanol ranked 3rd since the previous day in terms of percentage price change.
For additional context, note that price has gone down 6 out of the past 10 days.
Out of the 6 instruments in the energy commodity asset class, gasoline ended up ranking 4th for the day in terms of price change relative to yesterday.
Natural gas storage analysis via ronh data @ronh999 via brynne kelly @brynnekkelly natural gas production watch us feb natural gas dry production was 94.05….
Those 2 combined tells us the market is going higher.
You must see dozens of tankers going to ingolstadt refinery.