Natural gas market displaying signs of recovery

In the early hours of Wednesday’s trading session, the natural gas market displayed signs of a modest recovery, marking a potential turnaround in what had been a notable correction.

Key technical indicators, specifically the 200-day Exponential Moving Average (EMA), appear to be providing a level of support, setting the stage for a retest of recent highs.

The 200-day EMA is emerging as a significant factor in stabilizing prices, and it’s likely to influence the market’s trajectory in the near term. The overarching sentiment points towards a scenario where natural gas demand is set to surge in the coming months. This uptick in demand aligns with seasonal patterns and augurs well for price appreciation.

Diversified Energy Company plc (LON:DEC), formerly Diversified Gas & Oil plc, is a gas and oil production company operating in the Appalachian Basin in the United States. 

Click to view all articles for the EPIC:
Or click to view the full company profile:
    Facebook
    X
    LinkedIn
    Diversified Energy Company plc

    More articles like this

    Diversified Energy Company plc

    Natural Gas as a reliable energy source

    Natural gas is an essential energy resource that continues to power economies across the globe. Known for its abundance and reliability, it is primarily composed of methane and is extracted from deep beneath the earth’s surface.

    Diversified Energy Company plc

    Diversified Energy Company and the future of fracking in Pennsylvania

    Pennsylvanians involved in the fracking industry remain confident that their sector will persist, regardless of the outcome of the upcoming presidential election. Both major candidates—Republican Donald Trump and Democrat Kamala Harris—are promising support for the hydraulic

    Diversified Energy Company plc

    Natural Gas benefits for businesses

    Natural gas offers numerous advantages for businesses, including reliability, flexibility, and a substantial reduction in carbon emissions compared to other non-renewable energy sources. As a clean-burning option, it helps meet the rising energy demands while simultaneously

    Diversified Energy Company plc

    Driving the future of sustainable energy solutions

    The global energy sector is undergoing a significant transformation, driven by innovation, sustainability initiatives, and the increasing demand for reliable energy sources. As the world looks to transition towards greener solutions, traditional energy companies are evolving

    Diversified Energy Company plc

    Diversified Energy Company completes Crescent Pass acquisition

    Diversified Energy Company PLC (LON/NYSE: DEC) has announced the closing of its acquisition of the of high-working interest, operated natural gas properties and related facilities located within eastern Texas (the “Assets”) from Crescent Pass Energy). Acquisition Highlights