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Natural gas gains 14.7 cents

Posted on: November 29, 2016

NYMEX natural gas gained 14.7 cents on Monday, settling at $3.232. The weather forecast was the driver for the considerable gain on the December contract expiry. Models showing cooler weather throughout much of Western and Central North America over the next couple weeks. Early expectations for the EIA number are calling for a draw of 50-Bcf.

Today we see support around $3.20 and resistance around $3.37.

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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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