US Natural Gas is slightly up 7.15% and stands on top of this list of commodities gainers.
Markets don't have a clear cut direction — Brent Crude Oil goes up 0.92%, trading at $89.17. Soybeans up 0.59%, trading at $1,438.25.
Current market events are being influenced by ambiguous macro data as United States API Weekly Crude Oil Stock released yesterday at 21:30 UTC with a figure of -4.8 million, while the previous figure was -5.83 million.
Though yesterday was a flat session for markets, some commodities are managing to increase in value. Take a look at our top gainers.
Heating Oil | +0.98% in mid-session
Heating Oil has been losing ground for 5 days Today's positive session could indicate a brief correction amid a broader downtrend, or, the start of a potential reversal. After closing the previous trading day at $3.47, Heating Oil is up to $3.51 per gallon, which makes for a move of 0.98%/3.41 cents today.
Natural Gas | +7.15% in mid-session
NYMEX Natural Gas is on a 7 day bullish run gaining 90 cents (23.56%). Consistent for now — after closing the previous trading day at $6.78, NYMEX Gas is up to $7.26 per MMBtu, which makes for a move of 7.15%/48.5 cents today.
The Palladium future | +1.75% in mid-session
While in the midst of a 4 day downtrend Today's positive session could indicate a brief correction amid a broader downtrend, or, the start of a potential reversal. After closing the previous trading day at $1,857.5, CME Palladium is up to $1,890 per troy ounce, which makes for a move of 1.75%/$32.5 today.