Natural Gas News: Rising Output and Weak Demand Keep Pressure on Bulls
Rig counts support this trend: the active U.S. gas rig total remains near a two-year high, with Baker…
Natural Gas News: Futures Eye Breakout Above $2.956 After Nine-Month Low Bounce
Will Warmer Western Temps Offset Rising Production Forecasts? Weather updates offered short-term support to natural gas prices on…
Oil News: Crude Oil Faces Test as OPEC Weighs Output Hike, Russia Sanctions Loom
However, the executive order imposed 10% to 41% duties on countries like Canada, India, and Taiwan that failed…
Natural Gas News: Bearish Forecast Builds as Storage and Output Outpace Demand
EIA Storage Report Signals Oversupply Risk The EIA reported a +48 Bcf injection for the week ending July…
Oil News: Crude Holds Above MAs as Traders Eye OPEC Production Signals and Supply Risk
The 50-day MA at $63.80 and the 200-day MA at $64.05 continue to act as downside support, while…
Natural Gas News: Market Eyes Weather-Driven Demand While Inventory Builds Loom
Is Extreme Heat Still the Leading Driver for Natural Gas Demand? Weather models continue to anchor the bullish…
Oil News: Crude Oil Holds $65.38 Long-Term Support Pivot as Fed, OPEC Signals Drive Outlook
However, improving consumer sentiment and falling inflation expectations in July suggested a more favorable environment for consumer activity.…
Natural Gas News: Bearish Outlook Builds as Weather Cools, Inventory Swells
Models from ECMWF projected lower Cooling Degree Days for the 10-15 day window, signaling weaker demand from power…
Gold (XAUUSD) Price Forecast: 50-Day MA Break Opens Door to $3,245
“The slowdown in geopolitics has offered an opportunity for investors to start taking profit because of the forward-looking…
Gold News: Prices Hover Near 50-Day Moving Average as Fed and CPI Take Center Stage
Daily US Government Bonds 10-Year Yield Although investors are skeptical about any immediate breakthroughs, renewed dialogue provides a…
Gold (XAUUSD) & Silver Price Forecast: Fed Uncertainty and NFP Set Direction
“The market’s focus has shifted from inflation fear to growth fragility,” noted Thomas Bucher, strategist at DWS. “That’s…
Oil News: Bearish Oil Outlook Deepens as Demand Weakens, OPEC+ Decision Looms
Weekly US Dollar Index (DXY) The U.S. Dollar Index settled at 99.443 on May 30, up 0.339 points…