Read more
3:12 PM · 7 August 2023

NATGAS gains nearly 5%📈

NATGAS
Commodities
-
-

During today's session, the quotations of contracts based on American NATGAS are gaining nearly 5% in response to incoming weather forecasts in the USA, indicating a return of the heatwave in the country. This could result in an increase in demand for electrical energy used for air conditioning. 

Moreover, daily gas production and consumption data in the Lower 48 zone (continental United States) indicate a daily decline in gas production by 0.61% compared to yesterday's production, with a simultaneous increase in consumption by 2.45% on a daily basis.

The latest weather forecasts indicate an expansion of the heatwave zone in the USA to the western part of the country and a deepening of the higher temperature zone on the eastern coast. Source: NOAA

On the other hand, it's worth remembering that compared to the data for the last five years, current inventories of this commodity in the USA are above the five-year average, which may act as a counterbalance for market bulls. Source: Bloomberg Finance L.P.

NATGAS is gaining nearly 5% today and is testing the limit set by the 100-day exponential moving average (purple curve). Source: xStation 5

17 November 2025, 6:58 PM

Daily summary: Risk assets keep sliding on US rate cut jitters (17.11.2025)

17 November 2025, 5:29 PM

Soybean at 15-month high on USDA report and US-China trade optimism 📈 🫛

14 November 2025, 6:39 PM

Wheat drops amid higher than expected WASDE report

14 November 2025, 4:28 PM

3 markets to watch next week (14.11.2025)

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