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Natural gas falls 12 cents

Posted on: June 13, 2016

Gas gave back some recent gains on Friday, falling 12 cents to settle at $2.56. After seeing some supportive weather earlier in the week, forecasts were bearish on Friday. This combined with profit taking meant a decent retracement at the front. AECO basis was stronger on Friday.

Today we see support around $2.52 and resistance around $2.65.

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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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