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Natural gas gains 2 cents

Posted on: May 12, 2016

Gas squeaked out a small gain on Wednesday, with the front future gaining 2 cents to settle at $2.17. Another tight range as gas was content to play in a 10 cent window. Not much action in AECO basis yesterday, as it was largely unchanged throughout the curve. Estimates for the injection this morning sit around 65 bcf.

Today we see support around $2.09 and resistance around $2.20.


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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