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Natural Gas down 27 cents

Posted on: February 22, 2017

NYMEX natural gas was in a free-fall on Tuesday. After trading in a range of $0.270, prices settled at $2.564, a 27 cent loss on the day. Updated weather models are displaying weather trends considerably warmer, as news released stating that February weather is breaking records in the US with the expectation that it will continue moving through March.

Estimates for the storage figure tomorrow are for a draw of around 85-Bcf.

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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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