{"id":32804,"date":"2020-08-18T12:27:00","date_gmt":"2020-08-18T08:27:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=32804"},"modified":"2020-08-18T12:27:02","modified_gmt":"2020-08-18T08:27:02","slug":"natural-gas-futures-extra-pullbacks-appear-shallow","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/natural-gas-futures-extra-pullbacks-appear-shallow\/08\/18\/market-updates\/","title":{"rendered":"Natural Gas Futures: Extra Pullbacks Appear Shallow"},"content":{"rendered":"\n<p>CME Group\u2019s advanced prints for Natural Gas futures markets saw open interest shrinking by around 6.3K contracts at the beginning of the week after two builds in a row. In addition, volume extended the erratic performance and went down by around 288.3K contracts.<\/p>\n\n\n\n<p>Natural Gas met resistance around $2.40\/MMBtu<br>Prices of Natural Gas corrected lower after recording fresh peaks near the $2.40 level per MMBtu at the beginning of the week. That said, a deeper pullback looks unlikely against the backdrop of diminishing open interest and volume. The near-term target remains at the 2020 tops around $2.50\/MMBtu.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CME Group\u2019s advanced prints for Natural Gas futures markets saw open interest shrinking by around 6.3K contracts at the beginning of the week after two builds in a row. In addition, volume extended the erratic performance and went down by around 288.3K contracts. Natural Gas met resistance around $2.40\/MMBtuPrices of Natural Gas corrected lower after &hellip;<\/p>\n","protected":false},"author":9,"featured_media":32431,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6951],"class_list":["post-32804","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-natural-gas"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32804","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=32804"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32804\/revisions"}],"predecessor-version":[{"id":32805,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32804\/revisions\/32805"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32431"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=32804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=32804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=32804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}