UK NBP Natural Gas (Expiring Future)

Natural Gas is a non-renewable energy source that is formed naturally. It is a hydrocarbon gas mixture, predominantly made up of Methane and is one of the most used forms of energy to generate power. It is used domestically and industrially as a source of heating, cooking, and fuel. Natural Gas is a traded commodity with both commercial and industrial applications. As it is a fossil fuel, it goes through filtering and rendering processes to remove other substances before it can become commercially viable. It is also considered to be the cleanest-burning fossil fuel. The price of natural gas is driven primarily by supply and demand. The price can be affected by stored reserves, global demand, development, cost of alternative fuels along with severe weather. This makes it a highly volatile commodity. If more people are looking to buy it than to sell it, then the price is likely to rise. When supply is greater than the demand, then its price is likely to fall. Natural Gas is a spot price of a future traded on the CME exchange. Add NATGAS to your eToro watchlist to keep track of price movements.