• Natural Gas enters the eighth day of consecutive losses. 
• Traders are sending Gas prices already 20% lower since the start of February.
• The US Dollar Index roared on the back of red-hot inflation, consolidating gains this Wednesday. 

Natural Gas (XNG/USD) is sinking lower in search of rock bottom. The additional move this time comes with Shell issuing an outlook where Liquefied Natural Gas (LNG) demand will be substantially decreased by 2040, seeing the current pushes worldwide to abandon fossil fuels. The outlook supports the overall trend seen in both Oil and Gas with several administrations worldwide taking measures to further limit and phase out usage on all fronts. 

The US Dollar (USD) is trying to consolidate its current position after it booked some substantial gains on the back of a red-hot US inflation report that pointed to sticky price pressures being present. Markets had to push back further their expectations of an initial rate cut by the US Federal Reserve (Fed) from June into July. This made equities nosedive, though those are recovering at the moment ahead of the US opening bell