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Natural gas down 0.4 cents

Posted on: December 23, 2016

NYMEX natural gas traded in a range of $0.129 on Thursday but settled relatively unchanged from the previous day at $3.538, down 0.4 cents. The EIA storage report noted that the draw for last week was 209-Bcf, in and around what the market was anticipating. Warm weather is expected to continue through December and into January which will damper demand in the short term.

Today we see support around $3.50 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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