3:33 PM · 19 January 2023

NATGAS plunges after EIA report

The US Energy Information Administration reported today that domestic supplies of natural gas decreased by -82 billion cubic feet for the week ended January 13 from +11 bcf in the previous week, and above analysts’ estimates of -71 billion cubic feet.

NATGAS price fell after release of the latest EIA report and is approaching key support at $3.20. Source: xStation5

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