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
Daily Summary - Powerful NFP report could delay Fed rate cuts
BREAKING: Massive increase in US oil reserves!
Market wrap: Oil gains amid US - Iran tensions 📈 European indices muted before US NFP report
📈 Gold jumps 1.5% ahead of NFP, hitting its highest level since Jan. 30