Natural gas futures are down during the US session

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Monday, August 10, 2020 - 18:16
Point Trader Group
Natural gas futures are down during the US session

Natural gas futures were lower during the US session on Monday.

According to the New York Mercantile Exchange, natural gas futures were traded in September at USD2.144 per million British thermal units at the time of writing, down by 4.20%.

It earlier traded at a session lower USD2.118 per million British thermal units. Natural gas may find support at USD2.118 and resistance at USD2.284.

The dollar index, which measures the performance of the greenback against a basket of six other major currencies, rose 0.12% to trade at USD93.528.

Meanwhile, on Nymex, the price of crude oil for the month of September increased by 2.21%, to be traded at USD42.13 a barrel, while the price of heating oil for the month of September increased by 1.45%, to be traded at USD1.2376 per gallon.


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