Read more
1:32 PM · 11 July 2022

⏫NATGAS gains over 10%

-
-
Open account Download free app

Gas prices in the US are soaring again, which is caused by heat waves in southern regions. Temperature in Texas is set to hit new, long-unobserved highs today, and local electricity distributor ERCOT has indicated that the network may experience malfunction  or even shutdown due to excessive energy consumption. It is worth remembering that a large part of the power plants in the USA use gas as an energy source. Therefore, one can expect that gas consumption in the US will hit record-high again in the near future, which will reduce the chances that inventories will jump to the 5-year average.

In Europe flows from Nord Stream I, the biggest single pipeline carrying Russian gas to Germany, are expected to stop for ten days amid annual maintenance, further exacerbating an ongoing energy crisis. For this reason France industry shifts towards oil. 

Temperature projections in the US indicate that temperatures could permanently exceed 100 degrees Fahrenheit (above 38 degrees C). Source: xStation5

Gas prices again jumped above the 50.0% Fibonacci  retracement of the last upward wave. Source: xStation5

13 March 2026, 5:31 PM

Three markets to watch next week (13.03.2026)

13 March 2026, 6:52 AM

Morning Wrap: Russian Oil with a 30-Day Purchase Permit

12 March 2026, 10:23 AM

Cattle futures fall amid JBS plant strike, rising corn and Middle East 📌

12 March 2026, 6:55 AM

Morning Wrap: Conflict Escalation Pushes Oil to $100 (12.03.2025)

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