NATGAS falls slightly after EIA report

4:33 PM 15 December 2022

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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