Natural gas falls as Middle East ceasefire talks progress

2024年8月19日

Natural gas falls as Middle East ceasefire talks progress


On Friday the Natural Price decreased by almost -4.5%
This was related to fears that weaker demand from major NG importers could weigh on market sentiment.

Investors focus on the progress of ceasefire talks in the Middle East, which could reduce supply risks.

NG was also followed by a drop in oil prices. We didn't have a different move on fuel prices as we are used to when Oil and NG move in different directions. News about the ceasefire in the Middle East is supporting the decrease in fuel prices

NG may rise slightly for a small correction before it moves down more up 2.00 and lower as shown on the chart

You may find more details in the chart!
Thank you and Good Luck!

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2024年8月23日

交易結束：目標達成