Natural Gas Futures: Bullish outlook remains unchanged

Considering advanced prints from CME Group for crude oil futures markets, open interest rose for the third session in a row on Thursday, now by around 7.5K contracts. In the same line, volume reversed the previous drop and went up by around 63.8K contracts.

Natural Gas: Next key target at $10.00

The rally in prices of natural gas remained unabated for yet another session on Thursday, prices reached new peaks amidst rising open interest and volume. Against that, the commodity now seems to be en route to the psychological barrier at the $10.00. mark per MMBtu.