Natural Gas 4 Hour Price Update
Updated June 18, 2020 11:09 AM GMT (07:09 AM EST)
Natural Gas’s 3 four-hour candle negative streak has officially concluded, as the candle from the last 4 hour candle closed up 0.74% ($0.01). Relative to other instruments in the energy commodity asset class, Natural Gas ranked 2nd since the last 4 hour candle in terms of percentage price change.
Natural Gas Daily Price Recap
The end of a 3 day negative run has come for Natural Gas, which finished yesterday up 0.74% ($0.01). Relative to other instruments in the energy commodity asset class, Natural Gas ranked 2nd since yesterday in terms of percentage price change. Here is a daily price chart of Natural Gas.
Natural Gas Technical Analysis
The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. For additional context, note that price has gone up 7 out of the past 14 days.
Overheard on Twitter
Behold! Here are the top tweets related to Natural Gas:
- 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
- From CityofBrantford:
@BrantfordFire has made us aware of a natural gas leak at the corner of Brantwood Park Rd. and Dunsdon Dr. A construction crew hit a gas line. Brantford Fire, Union Gas and Brantford Police are working together to monitor natural gas levels in the area and are
For a longer news piece related to NG1 that’s been generating discussion, check out:
These volumes have dramatically changed natural gas markets, enabling consumer states to diversity their gas supplies and improve their energy security – and thus their national security….However, emerging natural gas market developments pose challenges to the LNG industry, especially in the United States….An additional development that could affect LNG markets and further depress prices is a new Qatari LNG production policy.