I bought some more this morning because (for all the usual reasons, plus):
1) Some extracts below from Trading Economics (https://tradingeconomics.com/commodity/eu-natural-gas)2) Futures look like they have turned up for the coming winter (Northern hemisphere)
- the Netherlands is set to close Europe's largest gas site near Groningen due to the risks of earthquakes from October 1st.
- Natural gas prices in Europe soared about 20% in June, amid volatility related to supply and hotter weather as the summer season arrived.
- Several outages at Norwegian gas fields have been extended, and repair works are set to continue into July. Norway has replaced Russia as one of the biggest sources of natural gas imports in the European Union, accounting for around 25%
- if you're only looking at the June contract (which expired today?) then you're missing the big picture, see other months below.
I bought some more this morning because (for all the usual...
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Last
$5.11 |
Change
0.050(0.99%) |
Mkt cap ! $4.319B | |||
| Open | High | Low | Value | Volume |
| $5.05 | $5.13 | $5.05 | $9.772M | 1.913M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 25166 | $5.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.13 | 29651 | 6 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| NHC (ASX) Chart |