Natural Gas Futures: Downside risks persist Gas Commodities Energy OpenInterest Futures
by around 1.2K contracts. On the opposite direction, volume retreated for the second day in a row, now by more than 36K contracts.retreated further at the end of last week. The daily retracement was on the back of increasing open interest and supports the idea that a deeper pullback lies ahead for the time being. On this, the commodity faces the next contention of note at the $3.00 mark per MMBtu, an area last traded back in late May 2021.
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