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Natural Gas losses 2 cents

Posted on: June 08, 2017

The natural gas contract fell 2 cents on Wednesday to settle at $3.02. Not much action for NG futures other than a revision in today’s injection range for 92-105-Bcf and more intense heat creeping up on the East for June 12-16th. The rise in temperatures may stimulate power burn for the coming weeks to tackle the supply glut, however, as many of you are aware the weather forecasts are subject to much debate and volatility. EIA figures will be released later today.


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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