13 January 2023 | Other

Natural gas price halts decline driven by U.S. stockpiling data

After the publication of data concerning the stockpiling of natural gas, its price decreased by almost 3% and then stopped near $3.5. The U.S. authorities reported a rare weekly increase in fuel reserves. 

Weather forecasts say that overall temperature will remain mild until January 22. The only exception is the Southeast region of the country, where a sudden cold snap will happen.

This means that after 10 days, according to long-term forecasting models, freezing Arctic winds, which are typical for this season, will return. They may remain in the central and eastern regions of the country until February and increase demand for natural gas.

Company MarketCheese
Period: 15.07.2026 Expectation: 3500 pips
Sell GBPUSD with 1.30000 in view
15 May 2026 39
Gold sell
Period: 31.05.2026 Expectation: 6000 pips
Gold sell-off targets $4,640
15 May 2026 44
Period: 22.05.2026 Expectation: 620 pips
USDCAD challenges key resistance as bulls lose their grip
15 May 2026 22
Period: 29.05.2026 Expectation: 180 pips
Purchasing Brent crude amid global energy deficit
15 May 2026 37
Period: 22.05.2026 Expectation: 600 pips
AUDCAD pulls back on profit-taking after reaching five-year high
15 May 2026 26
Period: 28.05.2026 Expectation: 155 pips
Investing in ETHUSD up to $2,425
14 May 2026 57
Go to forecasts