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Natural Gas gains 6 cents

Posted on: May 10, 2017

Thursday’s EIA inventory report has been forecasted for a 56-Bcf gain in stockpiles, within the 50-57-Bcf range, according to Bloomberg. Stockpiles totalled 2.256-Tcf as of April 28 which is 16% higher than the 5 year average. Heating and cooling demand has not been tilted in either direction with below normal temperatures in the Northeast to Midwest. Prompt NG futures settled at $3.23.

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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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