Natural gas futures are down during the US session

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Tuesday, October 06, 2020 - 18:31
Point Trader Group
Natural gas futures are down during the US session

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

According to the New York Mercantile Exchange, natural gas futures were traded in November at USD2.565 per million British thermal units at the time of writing, down 1.91%.

It earlier traded at a session lower USD2.534 per million British thermal units. Natural gas may find support at USD2.373 and resistance at USD2.727.

The dollar index, which measures the performance of the greenback against a basket of six other major currencies, rose 0.01% to trade at USD93.555.

Meanwhile, on Nymex, the price of crude oil for the month of November increased by 3.34% to trade at USD40.53 per barrel, while the price of heating oil for the month of November increased by 4.59%, to be traded at USD1.1853 per gallon.


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