Natural Gas is down to $6.16 per MMBtu, after ending yesterday at $6.36. Overall, a 3.02% loss or 19.2 cents today.
United States ISM Manufacturing PMI (Oct) is next today at 14:00 UTC.
Amid the market gloom, United States OPEC Crude Oil Production Algeria (Barrel) released yesterday at 15:00 UTC with a figure of 1 million, while the previous figure was 1 million. Fresh OPEC Crude Oil Production Congo (Barrel) data from United States came out at 270,000. United States OPEC Crude Oil Production Gabon (Barrel) released yesterday at 15:00 UTC with a figure of 200,000, while the previous figure was 200,000.
Though NYMEX Gas has been dropping, other Energy have been performing better: Heating Oil soars 7.21% to trade around $4.49. Crude Oil is up 1.71%.
Around the markets, mixed performances are seen by Energy as Brent Crude Oil moves 0.43% to trade around $95.24.
With markets struggling for positive sentiment, upcoming macro data could potentially attract buyers in the market as tomorrow at 14:30 UTC data for United States Crude Oil Inventories will be released, with an expected decline to 267,000 from the preceding figure of 2.59 million.
Furthermore, United States Interest Rate figure is projected at four. It previously stood at 3.25; data will be released tomorrow at 18:00 UTC. United States ADP Nonfarm Employment Change (Oct) is expected tomorrow at 12:15 UTC.
US Natural Gas reached a significant high of $9.68 around 2 months ago but has lost 34.35% since then.