Natural Gas (NG1) Down $0.22 Over Past 4 Hours, Entered Today Up 5.77%; in an Uptrend Over Past 90 Days

Natural Gas 4 Hour Price Update

Updated October 16, 2020 12:50 AM GMT (08:50 PM EST)

Natural Gas closed the previous 4 hours down 7.67% ($0.22); this denotes the 2nd candle in a row it has gone down. On a relative basis, Natural Gas was the worst performer out of all 6 of the assets in the energy commodity asset class the current 4 hour candle.

Natural Gas Daily Price Recap

2.788 was the closing price of the day for Natural Gas, resulting in today being one in which price moved up 5.77% ($0.15) from the day prior. Natural Gas outperformed all 6 assets in the energy commodity asset class since the day prior. Congrats to its holders! Let’s take a look at the daily price chart of Natural Gas.

NG1

Natural Gas Technical Analysis

The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 6 out of the past 10 days.

Overheard on Twitter

For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Natural Gas for the past day were:

  • From baroninvestment:

    My thanks to the sellers. Bulking up a position in #JKX. European natural gas prices continue to rise, the softening in the UAH is also most helpful. The net cash position will build, there’s material optionality that could come to surface also. I will cover properly at some pt

  • From lhfang:

    There’s a hazy focus on Hunter, Burisma & a Ukrainian prosecutor but there’s little attention on the energy side of this. Biden provided US assistance to Ukraine to promote fracking/gas then his son got a job at a Ukrainian natural gas company. The conflict is p straight forward.

  • From MariaAPerez1:

    The Lostai employed slave labor to mine a valuable crystalline material. Cave-ins, natural gas explosions, flash flooding, and #toxic fumes occurred on a daily basis. Droids could have been used for this type of work, but slave labor saved them the cost of technology.
    #vss365

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

Three reasons that natural gas trucks are worth considering right now

“The days of having one powertrain technology dominate all of the different commercial goods movement applications is a long way off.” Shippers must continue to be profitable in their business, so the technology they adopt must be competitive with the current technology while achieveing zero or sub-zero emissions….For those companies that are operating Class 8 trucks, they find that renewable natural gas is readily available to meet their application cycles.” If you’re operating in a location that is focusing on driving down its overall emissions or it’s a corporate initiative within your fleet, you can put a renewable natural gas-powered truck to work today and start reducing your overall emissions footprint with immediate effect….Already interested in learning more about natural gas for your fleet?…“For those fleets operating diesel engines, you have aftertreatment systems that require fluids and regular cleaning of DPF in active and passive regeneration—natural gas has none of that,” Donnell said.


“Energy Ellen” is the collective pseudonym used by several writers who contribute to our energy commentary who are passionate about the intersection of energy, economics, and investing. Follow Energy Ellen on social media: Instagram