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: 6% Oil Declines Fuel Stock Gains
Cocoa gains 4% trying to rebound from the 2-week low 📈
📉 Gold loses 1.5%
BREAKING: NATO considers a Hormuz deployment if the Strait not open by July