Natural Gas (NG1) Down $0.04 in Last 4 Hours, Entered Today Down 2.41%; in a Downtrend Over Past 14 Days

Natural Gas 4 Hour Price Update

Updated June 25, 2020 03:08 PM GMT (11:08 AM EST)

Natural Gas closed the previous 4 hours down 2.41% ($0.04); this denotes the 3rd candle in a row a decrease has occurred. Natural Gas outperformed all 6 assets in the energy commodity asset class since the previous 4 hours.

Natural Gas Daily Price Recap

Natural Gas closed yesterday down 2.41% ($0.04); this denotes the 3rd day in a row a decline has happened. Natural Gas outperformed all 6 assets in the energy commodity asset class since yesterday. Below is a daily price chart of Natural Gas.

Natural Gas Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving down. For additional context, note that price has gone down 8 out of the past 14 days.

Overheard on Twitter

Over on Twitter, here were the top tweets about Natural Gas:

  • From Englercanyon:

    @ColeenDanielson @Blueequus775 @NeedsMother @MustangRehab @MaeMustang implement proper (humane) herd management on range, when & if needed. I fully appreciate the sentiment, ours are safe with us, but I hate to see wild horses removed only to be replaced with livestock, mines, oil/natural gas pumps, etc. We need to protect the land & ūüźéwill follow

  • From dpradhanbjp:

    Thank Hon. PM Shri @narendramodi for approving additional investment by @ongcvideshltd for the development of producing blocks A-1 and A-3 in Myanmar. This will be a step towards boosting availability of natural gas in India and enhancing our energy security.

  • From TheWolfpackIN:

    India today approved an additional investment of $121.27 million (about Rs 909 crore) by state-owned Oil and Natural Gas Corporation Videsh Ltd (OVL) for further development of two blocks of the Shwe oil and gas project in Myanmar.

For a longer news piece related to NG1 that’s been generating discussion, check out:

Massachusetts Moves to Follow California, New York in Planning for Natural Gas Phaseout | Greentech Media

This month the state’s attorney general, Maura Healey,¬†asked the Massachusetts Department of Public Utilities to¬†open an investigation into the future of natural gas in the state….Space and water heating for buildings is the second-largest source of greenhouse gas emissions in Massachusetts, and natural gas meets nearly two-thirds of that heating demand, according to state data cited in the attorney general‚Äôs petition.