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Natural gas gains 5.7 cents

Posted on: November 10, 2016

Natural gas took back some ground on Wednesday. The December contract moved in a $0.197 range and closed at $2.690, a 5.7 cent gain on the day. This is despite the weather forecast predicting the warm temperatures to continue, keeping demand questionable.

The market is expecting an injection of 53-Bcf for the storage figure set to release later today. Today we see support around and resistance around.

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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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