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Natural gas falls 2.4 cents

Posted on: August 15, 2017

NYMEX natural gas continued to take a breather on Monday with little movement throughout the curve. The prompt month traded in a tight range and settled 2.4 cents lower to settle at $2.959/MMBtu. A similar movement was seen for the remainder of 2017, with a slight gain on 2018. Weather models are displaying average and cooler temperatures over the next couple weeks.

Natural gas prices received a considerable boost after the storage figure released last Thursday was much more bullish than expected. All eyes will be on the upcoming inventory number release on August 17.

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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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