Natural Gas Services' 15min chart sees KDJ Death Cross, bearish Marubozu signal.
ByAinvest
Monday, Oct 6, 2025 12:49 pm ET1min read
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The initiative aligns with Brazilian President Luiz Inacio Lula da Silva's push to reduce natural gas prices for consumers. According to Petrobras, this logistical and commercial solution opens new possibilities for importing natural gas into Brazil, reflecting the company's commitment to sustainable development in the natural gas market [1].
The agreement between Petrobras and the companies POSA and Pluspetrol allows for the import of up to 2 million cubic meters of natural gas on an interruptible basis. The transportation of natural gas from Argentina via Bolivia was extensively negotiated over the past year, involving discussions with the governments of both countries [1].
This development comes on the heels of a similar transaction in April, where TotalEnergies sent 500,000 cubic meters of gas from Vaca Muerta to Matrix Energia in Sao Paulo via pipelines [1].
Meanwhile, in the financial markets, the 15-minute chart for Natural Gas Services recently displayed a KDJ Death Cross and Bearish Marubozu pattern on October 6, 2025, at 12:45. This technical indicator suggests a shift in momentum towards the downside, potentially leading to further price decreases as sellers dominate the market and bearish momentum is expected to persist .
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The 15-minute chart for Natural Gas Services recently displayed a KDJ Death Cross and Bearish Marubozu pattern on October 6, 2025 at 12:45. This indicates a shift in momentum towards the downside, potentially leading to further price decreases, as sellers dominate the market and bearish momentum is expected to persist.
Brazil's state-controlled oil company, Petrobras (PETR3), has taken a significant step in diversifying its natural gas supply by importing non-conventional natural gas from Argentina's Vaca Muerta reserve for the first time. The company transported 100,000 cubic meters of gas via pipelines from Argentina to Bolivia and then to Brazil, marking a notable achievement in the company's efforts to increase domestic supply [1].The initiative aligns with Brazilian President Luiz Inacio Lula da Silva's push to reduce natural gas prices for consumers. According to Petrobras, this logistical and commercial solution opens new possibilities for importing natural gas into Brazil, reflecting the company's commitment to sustainable development in the natural gas market [1].
The agreement between Petrobras and the companies POSA and Pluspetrol allows for the import of up to 2 million cubic meters of natural gas on an interruptible basis. The transportation of natural gas from Argentina via Bolivia was extensively negotiated over the past year, involving discussions with the governments of both countries [1].
This development comes on the heels of a similar transaction in April, where TotalEnergies sent 500,000 cubic meters of gas from Vaca Muerta to Matrix Energia in Sao Paulo via pipelines [1].
Meanwhile, in the financial markets, the 15-minute chart for Natural Gas Services recently displayed a KDJ Death Cross and Bearish Marubozu pattern on October 6, 2025, at 12:45. This technical indicator suggests a shift in momentum towards the downside, potentially leading to further price decreases as sellers dominate the market and bearish momentum is expected to persist .
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