4:33 PM · 15 December 2022

NATGAS falls slightly after EIA report

The US Energy Information Administration reported today that US supplies of natural gas decreased by 50 billion cubic feet for the week ended December 9 from -21 bcf in the previous week, and above analysts’ estimates of -45 billion cubic feet.

NATGAS saw relatively small reaction to today’s EIA report and is testing 50 SMA (green line). Source: xStation5

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