Natural Gas Futures: Extra rebound seems not favoured

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Natural Gas Futures: Extra rebound seems not favoured
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Considering advanced prints from CME Group for natural gas futures market, open interest resumed the downtrend and shrank by more than 8K contracts on

Thursday. On the other hand, volume rose by more than 63K contracts amidst the ongoing erratic performance.was on the back of shrinking open interest, which seems to indicate that the continuation of the recovery is not favoured in the very near term. In the meantime, occasional bullish attempts remain capped by the $3.00 mark per MMBtu.Information on these pages contains forward-looking statements that involve risks and uncertainties.

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