Natural Gas 4 Hour Price Update
Updated June 19, 2020 11:09 AM GMT (07:09 AM EST)
Natural Gas closed the last 4 hour candle up 0.43% ($0.01); this denotes the 2nd candle in a row an upward move has occurred. Those trading within the energy commodity asset class should know that Natural Gas was the worst performer in the class the current 4 hour candle.
Natural Gas Daily Price Recap
Natural Gas closed the day prior up 0.43% ($0.01); this denotes the 2nd day in a row an increase has occurred. Those trading within the energy commodity asset class should know that Natural Gas was the worst performer in the class today. Here 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 another vantage point, consider that Natural Gas’s price has gone up 15 of the previous 30 trading days.
Overheard on Twitter
Over on Twitter, here were the top tweets about Natural Gas:
- From Barbarajdurkin:
@aoc_trump @RoyPentland @RipperAgain @Fauntleroy1934 @Dardedar @no2wind @0Sundance @MedBennett @thinks_about_it @ReckedRik @FeynmanFreaky @TheDisproof @jimdtweet @BubbasRanch @d_e_mol @IBergwiesel @Narvuntien @Climatehope2 @riktheozfrog @Bananenrijperij @RustyAway @RijpeW @MikeDel21893959 @Skrued1 @StormSignalSA @cjtjgeol @DigDougFTW @bluestflame1 @Biggieol6 @HalleVerkehrt @JohnSmi50968113 @AJamesW2 @csfc67 @ttyEngland @PaprikaLady @Jamz129 @drewman_drew @TyotoRiffle @BridgetHolmstro @Over400ppm @Tutkija5 @TQMKA @ShhSami @EcoSenseNow @SlugBub @GavinKreijkes @DawnTJ90 @austbondlover @poynton_j @GeraldKutney Natural gas extend value, whether or not the wind bloweth. “The wind bloweth where it listeth, and thou hearest the sound thereof, but canst not tell whence it cometh, and whither it goeth…”
- From doug_fisk:
@RoyPentland @Barbarajdurkin Roy, I have a Drill Baby Drill bumper sticker on my truck and am convinced now I need a Eat More Beef sticker too. Where would we be without a jucy steak to eat and good ole petro to burn in our internal combustion engines? Oh and thank God for our natural gas fired power plants!
- From ThePerpPolymath:
@archillect The Darvaza gas crater also known as the Door to Hell or Gates of Hell, is a natural gas field collapsed into a cavern located in Derweze, Turkmenistan. Geologists intentionally set it on fire to prevent the spread of methane gas, it is have been burning continuously since 1971
For a longer news piece related to NG1 that’s been generating discussion, check out:
EIA’s Weekly Gas Storage Report….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…. For Full LNG Outlook Please Visit ourLNG Weekly Here Natural Gas Mexican Exports Watch via RonH Energy Natural Gas Canada Import Watch via RonH Energy Natural Gas Demand Watch via RonH Data @ronh999 Demand By Sector – February 2020 via EIA For Greater Depth Visit our Natural Gas Demand Monitor Here US Feb Natural Gas demand by category.