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Natural gas gains a penny

Posted on: March 31, 2016

Gas continued the recent trend of testing lower early in the session before rebounding into the settle. Yesterday the May future eventually settled a penny higher at $2.00. The range was tight at the front of the curve while the backs were more active once again. Estimates for the withdrawal this morning sit around 20 bcf.

Today we see support around $1.90 and resistance around $2.05.

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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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