CME Group’s flash data for natural gas futures markets noted traders added just 45 contracts to their open interest positions on Wednesday. Volume too went up for the second straight session, this time by around 19.7K contracts.

Natural Gas: Initial hurdle aligns at $5.00

Wednesday’s uptick in prices of natural gas was accompanied by increasing open interest and volume, allowing for the continuation of the uptrend in the very near term and with the next target at the $5.00 mark per MMBtu.