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Natural Gas gains 0.6 cents

Posted on: January 06, 2017

NYMEX Natural Gas moved within a $0.174 range, settling $0.006 higher at $3.273. EIA storage figure released yesterday shows a draw of 49-Bcf, which was well below the market expectations. The bearish news caused an initial dip in the prices, however was able to recover throughout the afternoon. Gasoline stockpiles rose 8.31 million barrels last week according to the EIA.

Short term weather forecast continues to be warmer for Eastern and Southern US, placing downward pressure on speculative positions.

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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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