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Natural gas falls 6 cents

Posted on: May 06, 2016

Gas stumbled a bit on Thursday, with the front future settling 6 cents lower at $2.08. The injection came in at 68 bcf, right around expectations. Storage continues to be a problem, and weather just hasn't been supportive yet to reducing stockpiles. AECO basis was largely unchanged on Thursday.

Today we see support around $2.04 and resistance around $2.11.

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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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