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Natural Gas plummets 17 cents

Posted on: May 31, 2017

Weather fundamentals just aren’t panning out and late-spring heat has not come to fruition in the Eastern half of the US. Temperatures are below average with a meager power burn and cooling demand. Storage figure estimate is for a build of 70-80-Bcf for this Thursday’s EIA report. NG contracts lost 17 cents to settle at $3.15.

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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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