Open interest in natural gas futures markets went down for the second consecutive session at the end of last week, this time by around 16.1K contracts in light of advanced readings from CME Group. Volume, instead, rose by nearly 39.7K contracts following two daily drops in a row. Natural Gas remains well supported near $2.20/MMBtu Prices of Natural Gas edged lower on Friday amidst shrinking open interest, adding to the view that a deeper retracement is not on the table for the time being. Looking at the broader picture, the late December lows in the $2.20 per MMTbu is unlikely to come into focus for the time being. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CAD hits multi-day tops above 1.2750 amid stronger USD, WTI’s drop FX Street 11 months Open interest in natural gas futures markets went down for the second consecutive session at the end of last week, this time by around 16.1K contracts in light of advanced readings from CME Group. Volume, instead, rose by nearly 39.7K contracts following two daily drops in a row. Natural Gas remains well supported near $2.20/MMBtu Prices of Natural Gas edged lower on Friday amidst shrinking open interest, adding to the view that a deeper retracement is not on the table for the time being. Looking at the broader picture, the late December lows in the $2.20 per MMTbu is unlikely… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
