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2:33 PM · 3 November 2022

NATGAS price fell slightly after EIA report

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The US Energy Information Administration reported today that domestic supplies of natural gas increased by 107 billion cubic feet for the week ended October 28 from 52 bcf in the previous week, and above analysts’ estimates of 97 billion cubic feet. 

NATGAS price is heading towards major support at $6.00. Source: xStation5

Forecasts for the next week indicate much lower temperatures. Source: ECMRW

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