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Natural gas settles close to unchanged

Posted on: March 15, 2016

A snoozer for NYMEX yesterday to start the new week, with the front future settling close to unchanged at $1.82. There were no major reports released or economic data provided, and weather forecasts showed little in the way of volatility.

This morning the curve is grinding higher in early trading as weather models came in cooler overnight. Today we see support around $1.75 and resistance around $1.91.

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