Natural Gas Futures: Recovery could run out of steam Gas Commodities Energy OpenInterest Futures
8K contracts, while volume rose for the second straight session, this time by around 29.7K contracts.appears to have embarked on a marked rebound. Tuesday’s uptick, however, came on the back of diminishing open interest, which is indicative that the continuation of the recovery could face some headwinds in the very near term. The next hurdle of note now emerges at the $2.50 region per MMBtu.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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