Natural Gas trades at $2.31 per MMBtu, after ending yesterday at $2.33.
United States Initial Jobless Claims is next today at 12:30 UTC.
This uncertain state for US Natural Gas is reflected by published market data as following a previous reading of 4.49 million, Crude Oil Inventories in United States released yesterday at 14:30 UTC fell short of the 1 million figure expected by analysts with an actual reading of -451,000. United States Cushing Crude Oil Inventories came out at 1.72 million, while a consensus of analysts was expecting 719,000. United States Trade Balance (Apr) released yesterday at 12:30 UTC with a figure of -74.6 billion, while the previous figure was -60.6 billion.
Meanwhile, mixed performances are seen in other Energy as Heating Oil trades around $2.41, with no major change.
Data to be released later is expected to clarify investor sentiment while boosting price action volatility as today at 12:30 UTC data for United States Initial Jobless Claims will be released, with an expected decline to 235,000 from the preceding figure of 232,000.
Having soared to a high of $9.68 approximately 9 months ago, NYMEX Natural Gas is now trading 75.94% lower.