Natural Gas Futures: Door open to extra gains
Alive to about advanced prints from CME Neighborhood for natural gas futures markets, commence hobby rose for the second consecutive session on Thursday, now by around 16.5K contracts. In the identical route, volume went up by more than 237K contracts, the ideal single-day compose since early February.
Pure Gas now targets the March high around $3.00
Prices of the natural gas rose sharply on Thursday and trespassed the 2.50% region amidst rising commence hobby and volume, which leaves the door commence to the continuation of the weekly rebound in the very reach time frame. In opposition to that, the commodity might well well maybe furthermore now embark on a doable circulate to the March excessive around the $3.00 impress per MMBtu (March 3).
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