Risk-off mood drags NYMEX Gas 2.34% lower

A quick look at yesterday: overall, Natural Gas shed around 5.8 cents or 2.34% and ended yesterday's session at $2.42 per MMBtu.

Highly important Core Durable Goods Orders data from United States beat analyst expectations of 0% with a reading of -0.2%.

While price action maintains a negative bias, United States Core PCE Price Index (MoM) (Apr) released yesterday at 12:30 UTC with a figure of 0.4, while the previous figure was 0.3. United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 193,100, while the previous figure was 191,500.

Positive performances can be seen by looking at other Energy markets as Crude Oil is trading around $72.87 after ending yesterday's session at $71.83 (up 1.45% today). Heating Oil ascends 1.24% yesterday and closed at $2.35. Brent Crude Oil went up by 1.21% yesterday, and closed at $77.18.

Natural Gas traded as high as $9.68 before shedding 67.25% lower over the past six months.