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

14 August 2026, 6:59 PM

Daily Summary: EUR/USD tries to reverse the trend; Wall Street marks its third consecutive week of gains ๐Ÿšจ

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14 August 2026, 7:22 AM

Economic Calendar ๐Ÿ—ฝ U.S. Retail Sales and UoM Data in Focus

14 August 2026, 6:39 AM

Morning wrap: Nasdaq 100 Back Above 30,000 Points ๐Ÿ“ˆ Gold And Silver Pare Gains

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