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Natural gas gains 7.4 cents

Posted on: May 23, 2017

The natural gas contract continued to rise on Monday, gaining 7.4 cents to settle at $3.330/MMBtu. The move was supported by weather models, which show warmer temperatures moving throughout much of the US to end off the month, and likely to boost power burn demand.

Expectations for the storage figure this week are looking for a build in the range of 59-Bcf to 69-Bcf. According to the EIA, inventory levels currently sit at 2.369-Tcf following the build of 68-Bcf last week.


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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