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Natural gas trades sideways in quiet session

Posted on: September 20, 2016

Gas pared early losses on Monday, with the front future eventually settling a penny lower at $2.93. Forecasts continue to be uninspiring as we approach the shoulder season. AECO basis was also quiet after weakening off the past few sessions. Early estimates for the injection this week sit around 50 bcf.

Today we see support around $2.84 and resistance around $3.00.

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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

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November 17, 2017

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Domestically we saw the biggest release of the week a few minutes ago.

November 14, 2017

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