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Natural gas gains 4.4 cents

Posted on: November 20, 2017

NYMEX natural gas climbed 4.4 cents higher on Friday to settle at $3.097 after 4 days of consecutive losses. The prompt month traded in a tight range, and hit a high of $3.12 before losing some ground in the afternoon. There was a movement across the front of the curve with gains in cal 18 and a slight loss for cal 19.

Weather models have stayed consistent with warmer than average temperatures across the Western and Central US, with warmer temperatures predicted in the East Coast after the next week. Baker Hughes has reported that active US natural gas rigs increased by 8 last week.

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Most Recent Market Updates

November 20, 2017

Natural gas gains 4.4 cents

NYMEX natural gas climbed 4.4 cents higher on Friday.

November 20, 2017

Crude gained $1.41

Crude prompt futures gained $1.41 on Friday to close the day at $56.55.

November 17, 2017

Natural gas falls 2.7 cents

NYMEX natural gas continued it’s decent on Thursday.

November 17, 2017

Crude prices slide $0.19

Crude prompt futures traded in a 69 cent range.

November 17, 2017

USDCAD range bound as Canadian CPI uneventful

Domestically we saw the biggest release of the week a few minutes ago.

November 14, 2017

Natural gas loses 5 cents

Cold weather emerged over the long weekend in the US Midwest to East as anticipated.

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