Read more
2:32 PM · 3 August 2023

BREAKING: NATGAS jumps after small EIA inventory build

-
-
Open account Download free app

US Energy Information Administration (EIA) released a weekly report on natural gas inventories at 3:30 pm BST today. Analysts expected the report to show a 19 billion cubic feet build in inventories, slightly bigger than $16 billion reported in the previous week. However, actual data showed a build of just 14 billion cubic feet. This was the lowest reading since early-April when inventory draws were still regular due to seasonal reasons.

NATGAS jumped following the release and traded up to 1.5% higher compared to pre-release levels at one point. However, those gains were quickly erased and prices turned lower later on. Taking a look at the chart at H1 interval, we can see that bulls are failing to push the price above 50-period moving average (green line).

NATGAS at 1-hour interval. Source: xStation5

11 February 2026, 1:31 PM

BREAKING: US100 jumps amid stronger than expected US NFP report

11 February 2026, 1:15 PM

Market wrap: Oil gains amid US - Iran tensions 📈 European indices muted before US NFP report

11 February 2026, 12:29 PM

📈 Gold jumps 1.5% ahead of NFP, hitting its highest level since Jan. 30

11 February 2026, 8:30 AM

Economic calendar: NFP data and US oil inventory report 💡

Join over 2 000 000 XTB Group Clients from around the world
The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits