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February 19, 2024
Natural Gas (XNG/USD) is trading around $1.63 and is unable to flare up after Iran accused Israel for blowing up one of its key vital Gas pipelines last week. The New York Times reported that Iran had proof of Israel being behind the attack.
February 16, 2024
Natural Gas (XNG/USD) is trading around the lowest levels since mid-2020, around $1.65 and is facing more downward pressure. Recent US data shows that demand for Gas is now not only abating in Europe, but also in the US. The decline towards
February 15, 2024
Natural Gas (XNG/USD) is falling back to $1.66, coming from $1.71 earlier this Thursday. The whipsaw move comes on the back of disappointing US Industrial Production numbers for January. Not only got the previous number revised down from
February 14, 2024
Natural Gas (XNG/USD) is eking out more losses with February being outright negative for the fossil fuel. The additional move this time comes with Shell issuing an outlook where Liquefied Natural Gas (LNG) demand will be substantially
February 8, 2024
Natural Gas (XNG/USD) is eking out more losses sub-$2, after calls from Senator Joe Manchin at the start of the second day of hearings to scrub the LNG export ban. The House Committee is probing the US President Joe Biden's halt on any
February 7, 2024
Natural Gas (XNG/USD) falls lower and snaps back below $2 just minutes after research firm Capstone LLC reports that the Liquified Natural Gas (LNG) export moratorium from the Biden administration is due to stick in place for at least 9 to 12
February 2, 2024
Natural Gas (XNG/USD) is jumping off the fresh four-year low that got printed on Thursday at $2.04. The jump in Natural Gas comes after the US okayed plans for military strikes in both Iraq and Syria. Meanwhile a cease fire between Israel and
January 30, 2024
Natural Gas (XNG/USD) has breached the floor of 2023 at $2.10 and is now entering an area not seen since August 2020. Though the decline could be short-lived after Woodward Inc. held a conference call and mentioned a remarkable element in
January 25, 2024
Natural Gas (XNG/USD) is reversing intraday just seconds after the European Central Bank (ECB) released its rate decision. Normally central banks don't have much impact on commodity prices, though in this case enough to move the needle. The
January 23, 2024
Natural Gas (XNG/USD) is flirting with a fresh low for over a year, with Red Sea attacks circumvented by passing around Cape of Good Hope. Gas prices are hitting the floor again near $2.10 before another steep decline occurs. Despite being