Natural Gas Futures: Door open for extra losses

CME Group’s advanced readings for Natural Gas futures markets noted open interest resumed the downside and rose by around 15.1K contracts on Thursday. In the same line, volume went up by around 140K contracts, partially reversing the previous drop.

Natural Gas still in corrective mode

Prices of Natural Gas kept grinding lower on Thursday. The down tick was on the back of rising open interest, hinting at the idea that further downside remains in the pipeline in the very near-term.