Natural Gas News: Futures Hold Strong as Traders Eye EIA Report and Arctic Weather
Bullish EIA data and weather-driven demand may retest last week’s $4.369 high. Bearish news risks breaking $4.053 support.
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EIA natural gas storage change for week ending December 20
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U.S. Natural Gas Inventories Decline As Expected
U.S. natural gas futures pared their gains after data showed last week’s decrease in U.S. natural gas inventories was in line with expectations.
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Wholesale electricity prices lower and more stable in 2024
Wholesale electricity prices were lower in 2024 than 2023, with less price volatility, as solar and battery energy storage ...
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Weekly storage of natural gas in U.S. decreases: EIA
The total working gas storage dropped by 0.1 percent from this time last year, but up 6.5 percent above the five-year average, according to the EIA's Weekly Natural Gas Storage Report. The ...
U.S. Natural Gas Futures Settle at Two-Year High
U.S. natural gas futures rose 2.9% and posted their highest settle level since January 2023 ahead of a weekly storage report that’s expected to show the first of several outsized inventory drawdowns.
Gas prices will fall in the next 2 years as global oil supply outpaces demand, EIA says
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...