The US Energy Information Administration reported today that domestic supplies of natural gas de/increased byĀ 111 billion cubic feet for the week ended October 14 from 125 bcf in the previous week, and well aboveĀ Ā analystsā estimates of 105 billion cubic feet due to mild weather and an increase in wind power. It compares with an increase of 91 in the same week last year and a five-year (2017-2021) average increase of 73 bcf.
NATGAS price fell slighltyĀ after EIA report and is testingĀ supportĀ atĀ $5.35, where lows from July 2022 are located. Source: xStation5
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile appThis 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 SÄ dowy) 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.
