Read more
4:46 PM · 20 December 2022

NATGAS deepens declines

-
-
Open account Download free app

NATGAS fell more than 8.0% during today's session as prospects of warmer weather forecasts over the next two weeks overshadowed news regarding reopening of the Freeport LNG export plant in Texas. Higher temperatures should lower demand for gas, while Freeport terminal is on track to receive about 25 million cubic feet per day (mmcfd) of feed gas. Investors also ignored reports of an explosion at a Russian pipeline which transfers gas to Europe. From technical point of view, NATGAS price broke below key support at $5.72, which now acts as resistance. Currently price is moving towards October 2022 lows at $5.26. If sellers will manage to uphold current momentum, then sell-off may intensify. In this case, next support to watch is $4.75.

NATGAS, H4 interval. Source: xStation5

19 March 2026, 7:00 PM

Daily summary: Oil drops 2%, US dollar decline 📉Will US500 rebound?

19 March 2026, 4:24 PM

NATGAS with little reaction to EIA data 🔍 Warm weather in the US

19 March 2026, 4:03 PM

Silver slumps 7.5% 🚩Gold heads for worst weekly close since 1983

19 March 2026, 8:45 AM

Is GOLD reversing its upward trend due to oil? ❓ The sharpest declines since 2024 🚨📉

Join over 2 000 000 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