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Natural gas gains 3.2 cents

Posted on: November 23, 2016

The natural gas contract for December moved in a range of $0.101 on Tuesday and settled 3.2 cents higher closing the day at $2.982. NYMEX was able to hold gains from earlier in the week and broke though $3.00 for the first time since the beginning of the month. Early views for the EIA storage figure are looking for an injection of 5-Bcf.

Today we see support around $2.85 and resistance around $3.10.


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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