Navigate Up
Sign In

Natural gas falls 1.4 cents

Posted on: June 22, 2017

NYMEX natural gas prices slid a bit on Wednesday. After trading in a range of $0.070, the contract fell by 1.4 cents to settle at $2.948/MMBtu with weather models pushing pressure on power burn expectations. Nat gas was trading up in anticipation of the inventory numbers, however the storage figures are in and the EIA has reported a build of 61-Bcf. Expectations in the market were for a build of 56-Bcf.

​​

Most Recent Market Updates

June 22, 2017

Natural gas falls 1.4 cents

NYMEX natural gas prices slid a bit on Wednesday. After trading in a range of $0.070, the contract fell by 1.4 cents to settle at $2.948/MMBtu with weather models pushing pressure on power burn expectations.

June 22, 2017

Crude tumbles $0.98

The prompt month continued to tumble on Wednesday despite the positive inventory numbers.

June 22, 2017

Strong CAD retail sales indicative of a recovering consumer

In the first of two big data releases this week Canadian Retail Sales smashed expectations at 0.8% compared to 0.3%.

June 21, 2017

WTI sends yields lower, risk aversion in early trading

Markets are on the defensive after WTI’s transition into bear market territory.

June 21, 2017

Natural gas climbs 1.3 cents

NYMEX natural gas regained some of the loss from Monday, moving up 1.3 cents.

June 20, 2017

Dollar mixed against G10 peers, Brexit negotiations progress

Oil weakness is the catalyst in the Canadian dollar and Mexican Peso this morning.

1-800-332-8383

Start a conversation with an ATB Expert

2016 ATB Financial. All rights reserved. ®ATB Financial is a trade name/registered trademark of Alberta Treasury Branches.