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 & 🐎will 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:
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’s petition.