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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.


Most Recent Market Updates

February 21, 2017

Natural gas falls 2 cents

Not too much movement for the prompt month.

February 21, 2017

Crude gains $0.04

Friday was a quiet day for crude markets.

February 21, 2017

USD well bid as market ponders March rate hike

Hopefully everyone enjoyed the long weekend.

February 17, 2017

Messy politics in France continue to hamstring Euro

After briefly breaking below 1.3020 in USDCAD on Thursday morning, USDCAD found strong buyers as the support band ahead of the figure held strong.

February 17, 2017

Natural gas pushed 7 cents lower

Another disappointing day for natural gas settling 7 cents lower to $2.854.

February 17, 2017

Crude moved $0.25 higher

WTI prompt futures gained $0.25 cents to a final close of $53.36 despite US crude stockpiles being at the highest level since 1982.


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