BR: Natural Gas Falls To Fresh Morning Lows Following Inventory Data
[BRIEFING.COM] The US Dollar Index is back in negative territory, which is providing price support to most commodities.
Ahead of today's inventory data, April natural gas is just off recent morning lows of $4.501 per MMBtu at $4.529, down 0.6%. Following the data, which showed a draw of 111 bcf versus consensus of a draw of 110 bcf, natural gas ticked to lows, now down 1.6% to $4.486 per MMBtu.
April crude spent the majority of today's session in negative territory and is chopping around in morning trade. Crude put in session lows of $81.33 per barrel around the open of pit trade, but is currently at $81.84, down 0.3%.
April gold put in recent lows of $1100.50 per ounce and is currently down 0.1% at $1106.60 per ounce. May silver spiked in recent trade to fresh highs of $17.155 per ounce and is currently up 0.4% at $17.09 per ounce.