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Natural Gas up 4 cents

Posted on: March 24, 2017

Yes, the 150bcf official EIA storage draw was large but more or less in line with estimates of 153bcf and consequently NYMEX NG prices climbed only slightly higher. Temperatures are warmer than usual in the Eastern US and storage future withdrawal estimates lowering as the stockpiling season is now among us. Overall, prompt futures gained 4 cents to settle at $3.051.

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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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