The 15-minute chart for Natural Gas Services has exhibited a KDJ Death Cross and Bearish Marubozu pattern as of October 2, 2025, at 12:45. This indicates a shift in momentum towards a downward trend, with potential for further depreciation. The sellers are currently in control of the market, and it is likely that the bearish momentum will persist.
Natural gas markets have shown signs of a downward trend, with the 15-minute chart for Natural Gas Services exhibiting a KDJ Death Cross and Bearish Marubozu pattern as of October 2, 2025, at 12:45
DRC Set to Pass New Natural Gas Law to Attract Investments[1]. This pattern indicates a shift in momentum towards a downward trend, with potential for further depreciation. The sellers are currently in control of the market, and it is likely that the bearish momentum will persist.
Meanwhile, the Republic of Congo is taking steps to attract foreign investments in its natural gas sector. The country expects its Parliament to pass a new natural gas code soon, which aims to spur investments and develop its natural gas resources
DRC Set to Pass New Natural Gas Law to Attract Investments[1]. This move comes as the country seeks to diversify its energy mix beyond oil, with recent successes in gas project development, such as the Congo LNG project
DRC Set to Pass New Natural Gas Law to Attract Investments[1].
In the United States, Duke Energy has released its latest two-year long-range energy modernization plan, which relies more heavily on nuclear power, natural gas, and coal, while omitting wind power from its energy mix
Duke Ramps Up Nuclear, Natural Gas, Extends Coal, Omits Wind In Latest Energy Plan[2]. The plan projects average annual increases in customers' bills of 2.1%, lower than the rate of inflation and significantly less than the previously approved plan. The updated plan reflects significant policy changes at state and federal levels, emphasizing reliability and supporting advanced nuclear and battery storage technologies.
These developments highlight the evolving landscape of the natural gas market, with bearish signals emerging amidst global efforts to diversify energy portfolios and ensure reliability. Investors and financial professionals should closely monitor these trends as they may impact market dynamics and investment opportunities.
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