US Natural Gas drops to three-week low on ample storage – ING
US Natural Gas prices slid to the lowest in three weeks this morning, with NYMEX Henry Hub futures falling to the intraday lows of $2.9/MMBtu, ING's commodity experts Ewa Manthey and Warren Patterson note.

US Natural Gas prices slid to the lowest in three weeks this morning, with NYMEX Henry Hub futures falling to the intraday lows of $2.9/MMBtu, ING's commodity experts Ewa Manthey and Warren Patterson note.

Storage surplus pressures US Natural Gas prices

"Prices declined for a fourth consecutive session today, following continued weekly storage injections largely offsetting the forecasts for cooler weather across the eastern half of the US in late October."

"EIA weekly Gas storage data shows that US Gas inventory rose by 80Bcf last week, in line with the average market expectation for a build of around 80.8Bcf. This was also close to the five-year average addition of 83Bcf for this time of year."

"Total Gas stockpiles totalled 3.721Tcf as of 10 October, which is 4.3% above the five-year average. Inventories are all set to start the upcoming winter at a surplus."

FXStreet
Trade The World
Higit sa isang milyong user ang umaasa sa FXStreet para sa real-time market data, charting tools, expert insights, at Forex news. Ang komprehensibong economic calendar at educational webinars nito ay tumutulong sa mga trader na manatiling may alam at gumawa ng kalkuladong mga desisyon. Sinusuportahan ang FXStreet ng humigit-kumulang 60 propesyonal sa pagitan ng Barcelona HQ at iba’t ibang rehiyon sa buong mundo.
Read More

LIVE QUOTES

Name / Symbol
Chart
% Change / Price
XBRUSD
1 D change
+0%
0
XTIUSD
1 D change
+0%
0
XPTUSD
1 D change
+0%
0

ALL ABOUT ENERGIES

Galugarin ang Higit pang mga Tool
Trading Academy
Mag-browse ng malawakang hanay ng mga educational na artikulo na sumasaklaw sa mga trading strategy, market insights, at financial fundamentals, lahat sa isang lugar.
Matuto pa
Mga Kurso
Galugarin ang mga structured na trading course na idinisenyo upang suportahan ang inyong paglago sa bawat yugto ng inyong trading journey.
Matuto pa
Webinar
Sumali sa mga live at on-demand na webinar upang makakuha ng real-time na market insights at trading strategies mula sa mga eksperto sa industriya.
Matuto pa