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Natural gas falls 2 cents

Posted on: February 21, 2017

Not too much movement for the prompt month. NYMEX natural gas traded in a range of $0.069 last Friday and settled at $2.834/MMBtu, losing $0.02. Natural gas remains bearish for the short term with above seasonal temperatures likely continue, and putting pressure on demand. Baker Hughes has reported that natural gas rig counts are up by 4 and now total 153 active rigs in the US.

This morning natural gas is down considerably, off 20 cents on the day.

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Most Recent Market Updates

February 21, 2017

Natural gas falls 2 cents

Not too much movement for the prompt month.

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