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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

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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