US EIA Natural Gas 12-Month Forward Average Price Expectation for April 2020: Bullish Indicator

On April 8, 2020, the US Energy Information Administration released data on the "US EIA Natural Gas 12-Month Forward Average Price Expectation for October." The reported value was $10.66 per thousand cubic feet, consistent with the previous value of $10.66 per thousand cubic feet.This figure reflects expectations for future natural gas prices, based on a comprehensive assessment of inventory levels, market conditions, and weather factors. In terms of market impact, if the actual data exceeds expectations, it will be considered bullish for the natural gas market.The data carries an importance rating of 1, is calculated using an adjusted methodology incorporating multiple factors, and is released monthly. The next update is scheduled for the following month.

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