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15:37 · 10 October 2024

BREAKING: EIA NATGAS storage data above expectations

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Natural gas inventories rose by 82 billion cubic feet last week, slightly below the expected 76 billion and higher than the previous 55 billion cubic feet. NATGAS continued the selloff started last week and is currently trading near the important zone marked by 61.8% Fibonacci retracement level and tried to reverse the losses later on.

 

Source: xStation

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