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Natural gas falls 2 cents

Posted on: May 13, 2016

For an inventory day it was a pretty quiet one. Gas for June settled 2 cents lower at $2.16. The EIA announced an injection of 56 bcf, a little on the bullish side but still close to the expected number. AECO basis was largely unchanged across the curve despite tightening a couple pennies at the front.

This morning the market is currently testing lower on bearish weather. Today we see support around $2.07 and resistance around $2.19.

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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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