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April 10, 2024
Natural Gas (XNG/USD) price rallies for a fourth consecutive day, posting a nearly 6.5% gain this week. Gas prices got another boost overnight after a Bloomberg Intelligence article reported that in diplomatic circles there is talk around the idea of
April 9, 2024
Natural Gas (XNG/USD) price soars higher on Tuesday after a stellar performance on Monday, trading up nearly 3% for the week. The move comes as Bloomberg forecasts a decline in Gas supply by 4% in the coming weeks as Egypt is looking to
April 8, 2024
Natural Gas (XNG/USD) reverses from its earlier thoughts this Monday that a global recession could be showing up. Biggest element for this turnaround comes out of Spain where local gas prices are trading above the benchmark European prices.
March 28, 2024
Natural Gas (XNG/USD) sank below $1.80 on Thursday after prices already slid by more than 3% on Wednesday. The move came in tandem with a stronger US Dollar after US Federal Reserve official Christopher Waller pushed back against the
March 13, 2024
Natural Gas (XNG/USD) trades well below $2.00 on Wednesday, extending its steep decline last week. More and more selling pressure is accumulating from a pure technical point of view, while geopolitical factors are not falling in favor of higher
February 28, 2024
Natural Gas (XNG/USD) is having a field day by rallying near 4% and popping over $1.90 to the upside. Traders are seeing more room for some upside with the European Gas trading market becoming very
February 27, 2024
Natural Gas (XNG/USD) is soaring higher in the US trading session after an upbeat outlook from 'Gaztransport & Technigaz'. The French company is a leading designer of storage tanks and reported that its orderbook filled with over 450 order
February 22, 2024
Natural Gas (XNG/USD) is dropping the ball after its big gain on Wednesday, gaining over 12%. The decline this Thursday by over 4% comes very unlucky with Natural Gas not getting enough time to consolidate above $1.80. With that support
February 21, 2024
Natural Gas (XNG/USD) is having a field day with a firm rally which is holding on to over 10% of gains into the US opening bell. One of the major Shale drillers, Chesapeake, is planning to cut its Natural Gas production already in 2024. The
February 20, 2024
Natural Gas (XNG/USD) is jumping back above $1.64 and is trying another attempt to snap its losing streak. The countermove gets a bit of help from the US Dollar which is retreating a touch just hours before the US opening bell. Selling pressure