[BRIEFING.COM] The US Dollar Index is pushing higher in current trade, which is causing most commodities to sell off again. February natural gas began to rally early this morning, from the unchanged line, and recently hit session highs of $5.653 per MMBtu. Ahead of today's inventory data, where consensus is expecting a draw of 230 bcf, the energy component was trading 1.8% higher at $5.591 per MMBtu. Following the data, which showed a draw of 245 bcf, natural gas saw an initial spike before pulling back toward the flat line; it is now higher by 6.2 cents to $5.558. Crude oil inventory data will be out next at 11:00 ET. The consensus estimate expects that crude showed a build of 2450K during the week ending Jan 15. Ahead of the data, crude is well off recently hit highs of $78.36 per barrel and has recently moved back into negative territory. Currently, crude is 0.4% lower at $77.39 per barrel Precious metals have also recovered some losses due to the weakness in the dollar. However, February gold remains in negative territory at $1102.50 per ounce, down 0.9%, while March silver is also down 0.9% at $17.715 per ounce.

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