The US Energy Information Administration reported today that domestic supplies of natural gas increased only by 60 billion cubic feet for the week ended July from 82 bcf in the previous week, and well below analysts’ estimates of 74 billion cubic feet.
NATGAS price rose sharply after the EIA report. Source: xStation5
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Daily summary: Silver plunges 9% 🚨Indices, crypto and precious metals under pressure
🚨Gold slumps 3% amid markets preparing for Chinese Lunar Year pause
Cocoa falls 2.5% to the lowest level since October 2023 📉