US Energy Information Administration (EIA) released an official weekly report on US natural gas inventories today at 3:30 pm GMT. Consensus among economists was for 73 billion cubic feet drop, following last week's 197 bcf draw. Actual report came almost in-line with market expectations, showing an inventory drop of 75 billion cubic feet. US natural gas prices (NATGAS) jumped in a knee-jerk move but scale of this jump was very small.
NATGAS jumped slightly after release of inventory data but continues to trade within the short-term downward channel. Source: xStation5
BREAKING: US gas storage slightly lower than expected🔥
BREAKING: US pending home sales higher than expected 📌
Silver burns itself out as stocks retreat ahead of year end
⏬Silver: correction or a bursting bubble?
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
