Natural Gas Futures: Green light for further upside

Considering advanced prints from CME Group for natural gas futures markets, open interest extended the uptrend and increased by around 4.7K contracts on Monday. Volume, in the same direction, reversed four consecutive daily retracements and rose by around 19.7K contracts.

Natural Gas: On its way to $9.00?

Prices of natural gas started the week on a positive note amidst rising open interest and volume. That said, the commodity now targets the so far 2022 peak around the $9.00 mark per MMBtu.