Natural Gas (NG1) Down $0.04 On 4 Hour Chart, Underperforms All energy commodity; Entered Today Down 2.23%

Natural Gas 4 Hour Price Update

Updated June 24, 2020 03:07 PM GMT (11:07 AM EST)

Natural Gas came into the current 4 hour candle down 2.23% ($0.04) from the open of the previous 4 hours, marking the 2nd candle in a row a decrease 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 is down 2.23% ($0.04) since the day prior, marking the 2nd day in a row a decline has happened. 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

The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. For another vantage point, consider that Natural Gas’s price has gone up 5 of the previous 10 trading 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 GPoopon:

    @NeoDJT @Lor_blueeyes @aleeyun_nvaazun @thedemorats @jim16919077 @LastLaughAemial @SlimJimJohn1 @CONSMILITIA @people_shiny @jennife37809443 @swbhfx @LawrenceTFitz @mrwhite90864194 @Skiiryne @chrisg409ubc @Mongo3804 @TaiDecker @vacavillesabra @RobertDobbs2018 @Keithjo05883263 @Vainamoinen6 @Vickie627 @AsanteS09913224 @Chrusciki12 @MsfFlynnerland @TheyGary @leeroq3 @hrt6017 @KMPeters_ @Melisa94361674 @JR10170033 @ChangeTheLAUSD @PoliticalIntent @maga_girl_karen @Bobbylan1955R @RickySi16087724 @motoguzzi2002 @WalkedAwa @SeasonedSaxon @NatTimsina @Snack8671 @aaronaretools @Pompano_Pete @Dalmatio @gidzirro1 @NanetteDonnelly @jam266 @timwofct @roddy202620 @Khary_Illah USMCA, Safe Third County, Mexico deal to secure the border, Farm Subsidies through tariffs, China,Japan, S.Korea trade deals, forcing congress to fix DACA, Right-To-Try, opioid restrictions, net natural gas exporter,Space Force,Judges, SCOTUS,Israeli Embassy, do ya need more??

  • 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 PDXFire:

    NE 25th & Fremont: construction worker hit a natural gas line. Crews are checking nearby homes and businesses for presence of gas. Some buildings are being evacuated as a precaution. @nwnatural is enroute to the scene. Avoid the area if possible #alert @PBOTinfo

As for a news story related to Natural Gas getting some buzz:

U.S. natural gas production efficiency continued to improve in 2019 – Today in Energy – U.S. Energy Information Administration (EIA)

Analysis of underlying data on natural gas well efficiency shows how U.S. natural gas production increased in 2019 because, in part, of greater productivity of new wells drilled in shale and tight formations….Initial production rates for natural gas production from new wells in the DPR’s seven regions have generally increased since at least 2007….In addition to rapid growth of natural gas production from these natural gas regions, production of associated natural gas in the Permian, Eagle Ford, Bakken, Niobrara, and Anadarko oil regions remains significant, accounting for 46% of the natural gas production from all DPR regions.