Navigate Up
Sign In

Natural Gas gains 8 cents

Posted on: May 12, 2017

The main driver for NG contracts causing them to gain 8 cents to settle at $3.38 was the official Thursday EIA figures. There was a 45-Bcf gains versus prior 50-57-Bcf forecast published earlier in the week. Additionally, the Rover pipeline could be delayed until 2018 which has led to revisions of supply fundamentals in the Northeast.

Total gas storage was 2,301-Bcf as of May 5th. Short-term weather fundamentals have remained more or less the same.


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.


Talk to a specialist

GlassdooreSSENTIAL Accessibility™Diversity and Inclusion

About ATB | Contact Us | Find a Branch or ABM | Current Rates | Privacy and Security | Legal | Code of Conduct | Site Map | Supplier Resources

©ATB Financial 2019. All rights reserved. ATB Financial is a trade name/registered trademark.

ATB Financial