Brian McColl is a fundamental and technical analysis expert and mentor. Brian has been a part of the Forex and stock markets for more than ten years as a freelancing trader.
, | Updated:
U.S. Natural Gas Storage Indicator increased less than expected in the week ending may 17 according to the Energy Information Administration. It rose to 2 053 billion cubic feet, up from 1 964 billion cubic feet the preceding week, but lower than the forecast of a 2 054 billion cubic feet. Natural gas stockpiles rose by a seasonally adjusted rate of 89 billion cubic feet, 1 billion cubic feet lower than the forecast, which pushed gas future price slightly up.
TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.
Related News
Volkswagen on pressure by labor union Volkswagen the car manufacturer is considering a deal with the labor union IG Metal for wage raise of workers at German factories. According to Reuters more than 100 000 workers are going to be covered by the deal just as the automobile maker […]
Natural gas futures pare losses on inventories data Natural gas trimmed its weekly decline on Thursday after the Energy Information Administration reported U.S. gas inventories rose less than expected last week, indicating robust demand prior to the peak of the winter heating season. Outlook […]
Royal Dutch Shell profits decline due to struggling refining division Royal Dutch Shell reported its profits for the third quarter were $4.5 billion, 32% down from last years $6.5 billion, due to weakness in its refining division, lower oil and gas production and higher costs. Earnings also reflected the impact […]
Gold Under Pressure Near $4,060 on Fed, Geopolitical Risks Key Moments
Gold (XAU/USD) trades close to $4,060 in early European hours on Monday amid sustained selling pressure.
Uncertainty around US-Iran talks over the Strait of Hormuz is fueling inflation concerns and influencing […]
KBR awarded $113 million Air Force task order KBR Inc (NYSE: KBR) said on Monday that it had been awarded a $113 million task order to perform aeronautical systems research, development, test and evaluation for the Air Force Life Cycle Management Center Mobility Directorate at […]