Natural Gas Futures: Extra gains on the table

Flash prints for natural gas futures markets released by CME Group showed open interest extended the uptrend on Wednesday and rose markedly by around 18.5K contracts. Volume followed suit and went up by around 181.6K contracts after two daily drops in a row.

Natural Gas keeps looking to $3.00/MMBtu

Prices of natural gas posted strong gains on Wednesday amidst rising open interest and volume. That said, there is rising bets for another visit to the key barrier at $3.00 per MMBtu in the very short-term.