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Natural Gas gains 13.1 cents

Posted on: October 14, 2016

Thursday was an exciting day for natural gas with a gain of 13.1 cents on the day, settling at $3.341. The move came with the bullish storage number released by the EIA. They reported a 79 bcf injection which was quite a bit lower than market expectations. This puts the inventory levels at 3,759 bcp, 56 bcp higher than this time last year. Today we see support around $3.25 and resistance around $3.40.

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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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