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Irans acting defense minister said that Iran has the capability to simultaneously employ both negotiation and confrontation strategies and can respond to any breaches of commitment by the United States during negotiations.Hang Seng Index futures closed up 0.29% at 23,830 points in overnight trading, a premium of 61 points.Venezuelas central bank: Oil export revenue rose to $5.49 billion in the first quarter of 2026.On June 23, 2026, Wang Yi, member of the Political Bureau of the CPC Central Committee and Director of the Office of the Central Foreign Affairs Commission, met with El-Din, Secretary-General of the Egyptian National Security Council, in New Delhi. Wang Yi stated that the international situation is currently undergoing profound and complex changes. China and Egypt, as important members of the Global South, share broad common ground in international and regional affairs and bear important responsibilities for maintaining international and regional stability. China is willing to strengthen coordination and cooperation with Egypt on international multilateral platforms such as BRICS and the United Nations, jointly safeguard the independence, autonomy, and self-reliance of the Global South, actively promote the multipolarization process, and work together to build a community with a shared future for mankind.June 23 - As of 2:30 PM closing, the main Shanghai gold futures contract closed down 0.18% at 915 yuan/gram, the main Shanghai silver futures contract closed down 1.23% at 15,768 yuan/kilogram, and the main SC crude oil futures contract closed down 1.72% at 502 yuan/barrel.

Natural Gas Price Forecast: Prices Will Maintain Their Upward Traction

Alina Haynes

May 19, 2022 11:17

Wednesday marked the fourth straight trading day in which natural gas prices advanced.

 

In the majority of the United States, the National Oceanic and Atmospheric Administration predicts that the weather will be above normal for the next 6 to 10 days and average for the next 8 to 14 days.

 

The EIA reports that US LNG shipments declined by four vessels in comparison to the prior week. LNG terminals may conduct seasonal maintenance that reduces exports.

Technical Evaluation

On Wednesday, natural gas prices resumed their upward trajectory after surpassing $8.00 on Tuesday. Prices may encounter target resistance near $9, the 2022 peak. As the fast stochastic generated a crossover sell signal, short-term momentum has turned negative.

 

Positive momentum could develop over the course of the next few months. The MACD (moving average convergence divergence) histogram is negative and rising, indicating range-bound trading conditions.

 

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