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Natural gas gains 3 cents

Posted on: September 05, 2017

Friday's close saw NG contracts gain 3 cents to settle at $3.07 before the long weekend. This morning however, prompt NG futures took a tumble of 9 cents and broke below the $3.00 support levels. With Hurricane Harvey no longer an imminent threat the focus is one again on weather fundamentals, which are very weak for this time of year: mild weather in the Eastern half and Midwest U.S. expected through September 14th according to MDA Weather services.

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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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