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Natural gas launches 13 cents

Posted on: November 15, 2016

Natural gas up considerably in Monday’s trading. The December contract moved in a range of $0.134 and closed the day off at $2.749, gaining 13 cents. The market was quick to capitalize on updated weather conditions now showing cooler temperatures moving into December, stirring hopes that we will start to see some larger draws.

Today we see support around $2.65 and resistance around $2.85.


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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