Natural Gas Futures: Rally looks unabated so far

Open interest in natural gas futures markets rose for the fourth consecutive session on Friday, this time by around 12.2K contracts considering advanced figures from CME Group. Volume, instead, went down for the second session in a row, now by around 139.5K contracts.

Natural Gas now targets $5.00

Prices of natural gas closed with decent gains and extended the rally for yet another session on Friday. The daily upside was accompanied by rising open interest, which is indicative that further gains remain well on the cards for the time being.