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Natural gas gains 10 cents

Posted on: August 23, 2016

After dropping 9 cents to head into the weekend, gas made up ground on Monday with the front future gaining 10 cents to settle at $2.68. The rally was contained to the first few months of the curve, with the rest of the contracts stagnating. Weather was the main driver, as some heat returned to the forecast in the Northeast. AECO basis was unchanged.

Today we see support around $2.65 and resistance around $2.72.

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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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