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Natural gas soars 27.9 cents

Posted on: December 22, 2016

NYMEX natural gas traded in a range of $0.286 and soared 27.9 cents higher to settle at $3.542. Weather continues to play the leading role in for pricing on the front of the curve with updated weather forecasts showing cooler trends. The market is looking for a big draw today for the EIA storage figure, around 205-Bcf, significantly higher than this time last year which saw a draw of 33-Bcf.

Today we see support around $3.40 and resistance around $3.65.


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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