Mmastodon EnvironmentEnergy first seen 1 d ago, last 1 d ago, peak #2
Natural Gas Slides as EIA Reports Record-High Production
Original: Natural Gas Moves Lower as EIA Reports Record-High Production https://www.wsj.com/finance/commodities-futures/natural-ga
Natural gas prices moved lower after the US Energy Information Administration reported that domestic natural gas production has reached a record high. The supply glut is weighing on the market, with traders reacting to data showing output continuing to climb despite softer demand conditions.
Why now: Traders and energy market watchers are reacting to fresh EIA data showing record US production pressuring prices.
US Energy Information Administrationnatural gasWall Street Journal
Evidence
- Natural Gas Moves Lower as EIA Reports Record-High Production https://www.wsj.com/finance/commodities-futures/natural-gas-moves-lower-as-eia-reports-record-high-production-5779641b?mod=rss_markets_main # Energy # Markets # Economy · wsj_markets@robot.villas · 3
API: https://socialmediatrends-api.osmike.com/v1/trends/751098