Natural gas markets have shot higher again on Tuesday, clearing the $2.40 level.
Natural gas markets have had another bullish trading session on Tuesday, as we continue to look towards the $2.50 level. Ultimately, I think this is a market that has clearly changed its longer-term trend, much like some of the major currency pairs that I follow here at FX Empire, such as the EUR/USD pair, GBP/USD pair, and so on. The reason I bring this up is that the main common denominator and all of those markets is the fact that it is the US dollar losing strength. The US dollar losing strength does drive commodities higher in and of itself, although it is not as big of an effect typically over here, because natural gas is so highly oversupplied.
Touchstone Exploration Inc (LON:TXP) is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago.