The US Energy Information Administration reported today that domestic supplies of natural gas unexpectedly increased by 41 billion cubic feet for the week ended July 29 from 15 bcf in the previous week, and above the analysts’ estimates of 29 billion cubic feet.
NATGAS price fell below psychological $8.00 level after today’s EIA report. Source: xStation5
BREAKING: Massive increase in US oil reserves!
Market wrap: Oil gains amid US - Iran tensions 📈 European indices muted before US NFP report
📈 Gold jumps 1.5% ahead of NFP, hitting its highest level since Jan. 30
Silver rallies 3% 📈 A return of bullish momentum in precious metals?