Natural Gas Futures: Rally has further legs to go

CME Group’s advanced readings for Natural Gas futures markets noted open interest and volume increased by around 20.6K contracts and by nearly 77.8K contracts, respectively, at the beginning of the week.

Natural Gas targets the $3.00 mark in the longer-term

Prices of Natural Gas remain firm and the upside momentum is also sustained by rising open interest and volume. That said, further gains stay well on the cards and the next target emerges at the $3.00 mark per MMBtu in the longer run.

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