Open curiosity in pure fuel futures markets prolonged the uptrend for yet one more session on Tuesday, this time growing by round 15.4K contracts in response to preliminary readings from CME Group. Volume, too, added to the earlier every day construct and went up by round 56.3K contracts.
Natural Gas dangers a drop to $1.80
There appears to be no respite for the decline in costs of the pure fuel, which put the important thing $2.00 mark per MMBtu to the check for the primary time since September 2020 on Tuesday. The downtick was on the again of rising open curiosity and quantity and nonetheless underpins the thought of additional weak point within the close to time period. Against that, the September 2020 low close to $1.80 now emerges as the subsequent assist of relevance.