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Natural gas falls $0.04

Posted on: September 30, 2016

The EIA reported an injection of 49bcf which was slightly lower than estimates and markets responded on Thursday with a $0.04 dip in the price, settling at $2.96. The injection puts total stock numbers at 3,600bcf this week, compared to the 3,510bcf at this time last year.

In other news the tropical storm Matthew is making its way through the Caribbean with sustained wind speeds of up to 75 mph. Some believe that this could reach the southern USA by next week with the expected trajectory NNW over the weekend.


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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