4:33 PM · 28 December 2023

BREAKING: NATGAS extends gains after EIA inventories report 📈

Decline in US natural gas inventories came in stronger than expected with -87 bcf reading vs -79 bcf exp. and -87 previously

Futures on natural gas extend gains slightly after the reading, which showed a faster pace of inventories decline.If the temperatures in US will be even lower than now, the test of $3 /MMBtu may be not excluded.

Source: xStation5

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