EIA reports a smaller-than-expected weekly fall in U.S. natural-gas supplies

The U.S. Energy Information Administration reported on Thursday that domestic natural-gas supplies fell by 268 billion cubic feet for the week ended Jan. 28. That compared with the average decline of 274 billion cubic feet forecast by analysts polled by S&P Global Platts, which pegged the five-year average supply fall for the period at 150 billion cubic feet. Total stocks now stand at 2.323 trillion cubic feet, down 393 billion cubic feet from a year ago and 143 billion cubic feet below the five-year average, the government said. Following the data, March natural gas NGH22, +2.52% extended its decline, trading down by 56 cents, or 10.2%, at $4.941 per million British thermal units. Prices were at $4.989 shortly before the data.

Source: Marketwatch

JPY dropped lower. Overview for 12.04.2024

The Japanese yen maintains its downward momentum in the pair with the US dollar. The current USDJPY exchange rate stands at 153.25. JPY reached new

EUR surrendered without a fight. Overview for 12.04.2024

The primary currency pair is sliding down on Friday. The current EURUSD exchange rate stands at 1.0682. The strengthening of the US dollar is associated

Technical Analysis & Forecast 11.04.2024

EURUSD, “Euro vs US Dollar” The EURUSD pair practically finished a correction wave at 1.0884 and started developing a decline wave because of the news.

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