Read more
5:27 PM · 4 June 2024

NATGAS loses amid lower expected electricity demand

-
-
Open account Download free app

NATGAS erases much of yesterday's rebound and falls below the 14-period average again, although a clear signal of a possible larger correction would occur when yesterday's bullish gap closes around $2.56. A drop below this level could lead to a drop as low as around 2.2-2.3 in June, as potentially indicated by seasonality. 

Source: xStation5

Seasonality points to a potential local top. Importantly, lower temperatures are expected in the Midwest and on the East Coast, which is not expected to increase the demand for electricity for air conditioning. Source: Bloomberg Finance LP, XTB

27 March 2026, 6:48 PM

Daily summary: Fifth week of declines on the Wall Street

27 March 2026, 5:46 PM

Three markets to watch next week (27.03.2026)

27 March 2026, 6:53 AM

Morning Wrap: Trump Announces a “Pause”. Another 10-Day Ultimatum!

26 March 2026, 2:35 PM

Report on U.S. natural gas inventories showed a larger-than-expected decline in stocks⬇️

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