US weekly natural gas inventories -93 bcf vs -98 bcf expected

Natural gas prices have been a recent winner and there is talk of longer-range forecasts showing a particularly-cold January in the northeastern United States. Today’s number is something of a disappointment though after last week’s 125 bcf draw.

As for oil, it’s holding up today despite the ugly mood in markets and the EIA weekly crude data is at 1 pm ET.

This article was written by Adam Button at www.forexlive.com.