By FX Empire.com
Natural gas prices fell on Wednesday amid expectations that the EIA report will show that natural gas inventories increased by 102 billion cubic feet, compared with the 5-year average increase for the week of 72 billion cubic feet, which put natural gas prices under pressure.
Traders will be following the EIA report closely on Thursday, where if natural gas inventories rise above median estimates, we should expect natural gas prices to drop further.
Thursday October 13:
At 14:30 GMT, The EIA will release the weekly natural gas storage change for the week ending October 07, as natural gas stockpiles are expected to rise by 102 billion cubic feet, compared with the prior increase by 97 billion cubic feet.
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