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3:41 PM ยท 19 September 2024

BREAKING: Natural Gas Storage increases more than expected; NATGAS ticks higher ๐Ÿ“Œ

  • Increase in Gas Inventories: +58 Bcf (Expected: 54 Bcf; Previous: 40 Bcf)

Inventories are growing slightly above expectations, though the growth rate is below the 5-year average. There is a strong possibility that inventories will fall below the 5-year average before the heating season begins. Source: EIA

Gas prices initially dropped in response but bounced back from the key support level of $2.5/MMBTU. It’s important to note that we are one day after the contract rollover, with the price opening around $2.6 after previously trading at $2.3 in the October contract. Source: xStation5

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Daily summary: AI optimism, Nvidia stock surge & second round of US - Iran talks drive optimism on Wall Street

24 April 2026, 6:46 PM

๐Ÿ“ŒOil slips below $100

24 April 2026, 4:34 PM

โšก Will US drought fuel speculative grain volatility on CBOT?

24 April 2026, 3:58 PM

๐Ÿ”ดThree markets to watch next week: all eyes on the Fed (24.04.2026)

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