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Natural Gas Price News: XNG/USD prints five-day uptrend near $2.80 despite US Dollar’s corrective bounce

Natural Gas Price (XNG/USD) remains on the front foot for the fourth consecutive day, up 0.80% intraday near $2.80 by the press time of early Wednesday in Europe. In doing so, the energy instrument struggles to justify the recent corrective bounce in the US Dollar Index (DXY) after it posted the biggest daily loss in six weeks. […]

WTI gains traction above $81.10 amid the USD weakness, Hurricane Idali, eyes on US key data

Western Texas Intermediate (WTI), the US crude oil benchmark, is trading around the $81.18 mark so far on Wednesday. WTI prices gain momentum amid the weakening of the Greenback after the release of US economic data. However, investors will closely monitor the impact of Hurricane Idalia, which will probably hit Florida this week. Following the […]