Commodity prices are highly influenced by action in the currency markets which will undoubtedly have something to say about the Federal Reserve meeting.
U.S.-based Henry Hub pricing represents 86 percent of global gas futures trading.
Global oil prices declined this week, even as tensions in the Gulf region threatened to disrupt supplies and President Donald Trump blamed Iran for a series of attacks on tankers in one of the world's busiest shipping lanes.
Global oil prices rebounded from five-month lows Thursday amid two attacks on shipping tankers near the Gulf of Oman in what could be a renewed attempt to disrupt crude exports in one of the world's busiest sea transport lanes.
The longer the Fed waits to cut, the lower rates will ultimately go, but so far there's little hint of action to come.
Global oil prices extended declines Wednesday after the U.S. Energy Information Administration reported a much larger-than-expected increase in domestic crude inventories.
Global oil prices extended gains for a third consecutive session Friday, pulling U.S. crude out of bear market territory, amid suggestions from Saudi Arabia's powerful energy minister that both OPEC and Russia are prepared to extend production cuts well into the second half of the year.