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Natural Gas slips 3 cents lower

Posted on: April 21, 2017

The short-term weather forecast along the US East Coast remains more in less intact with expectations for warmer than average temperatures. The real culprit driving NYMEX NG prompt futures lower was the 54-Bcf gain in stockpiles that was only slightly above the 50-Bcf forecast earlier in the week. Inventories stand at 2.115-Tcf as of last week. Prompt NG futures settled at $3.16 on Thursday.

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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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