Risk-off mood drags US Natural Gas 4.72% lower

Today at a glance: after a mostly steady day, Natural Gas lost 10.9 cents late into the session and closed at $2.2 per MMBtu.

Highly important Core Durable Goods Orders data from United States beat analyst expectations of 0% with a reading of -0.2%. Highly important Pending Home Sales data from United States beat analyst expectations of 0.5% with a reading of 0%.

Amid the market gloom, United States Core PCE Price Index (MoM) (Apr) came out at 0.4, while a consensus of analysts was expecting 0.3.

Positive performances can be seen by looking at other Energy markets as Crude Oil ascends 1.45% today and closed at $71.83. Heating Oil went up by 1.24% today, and closed at $2.38. Brent Crude Oil is trading around $77.18 after ending today's session at $76.26 (up 1.21% today).

Having soared to a high of $9.68 approximately 9 months ago, US Natural Gas is now trading 76.17% lower.