The US Energy Information Administration reported today that domestic supplies of natural gas decreased by -87 billion cubic feet for the week ended December 16 from -50 bcf in the previous week, and below analysts’ estimates of -93 billion cubic feet.
NATGAS price deepend declines after the EIA report and is approaching key support at $5.26. Source: xStation5
Economic Calendar: Global Data Focus Shifts to US and Canada,
Morning Wrap: Trump and Xi shape markets. AI drives record highs while Iran and geopolitics dampen sentiment
BREAKING: Natural gas (NATGAS) prices are rising following the release of EIA data from the U.S.
🟠Copper nears historic highs on sulphur shortages and AI boom