Natural Gas Services' 15min chart triggers Bollinger Bands Expanding Downward, bearish Marubozu signal.

According to the 15-minute chart for Natural Gas Services, the Bollinger Bands are currently expanding downward, indicating a bearish trend that is being driven by sellers. The recent bearish Marubozu formation on October 2, 2025 at 10:30 further reinforces this assessment, suggesting that sellers are currently in control of the market and that bearish momentum is likely to persist.

Hungary has announced a significant long-term natural gas supply agreement with French energy company Engie. The deal, signed on Thursday, involves Hungary purchasing 4 billion cubic metres of natural gas from Engie between 2028 and 2038. This agreement is part of Hungary's broader strategy to diversify its energy sources and enhance energy security Hungary to buy 4 bln cubic metres of natural gas from France's Engie, says foreign minister^[1].

The contract stipulates that Engie will supply 400 million cubic metres of gas annually to Hungary, marking the longest-term LNG contract in Hungary's history. This move comes as Hungary continues to rely heavily on Russian gas, being the biggest buyer of Russian gas in the European Union Hungary to buy 4 bln cubic metres of natural gas from France's Engie, says foreign minister^[1].

The agreement follows a similar deal Hungary signed with Shell earlier this year, where Shell agreed to supply around 200 million cubic metres of natural gas annually starting in January 2026. Hungary's increased gas imports from Russia via the Turkstream pipeline in 2024 have also been noted, with the country importing 5 billion cubic metres of gas by the end of August this year Hungary to buy 4 bln cubic metres of natural gas from France's Engie, says foreign minister^[1].

These strategic moves indicate Hungary's efforts to reduce its dependence on Russian gas and ensure a more stable and diversified energy supply. The deal with Engie is expected to be a key pillar in Hungary's energy security, providing a long-term and reliable source of natural gas Hungary to buy 4 bln cubic metres of natural gas from France's Engie, says foreign minister^[1].