Gas attempts to rebound after EIA report

3:50 PM 27 October 2022

US gas inventories increased by 52bn cubic feet from 111 bcf in the previous week, below market expectations of 60 bcf. Today’s reading stands below the 5-year average. The heating season may have already started in the US, and in addition, exports from Freeport are expected to resume in November.

NATGAS, despite its negative sentiment, is trying to move higher. Source: xStation5

Share:
Back

Join over 1 600 000 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