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Natural gas falls 8 cents

Posted on: April 12, 2016

Did not take gas long to lose its $2 handle, as bearish forecast models over the weekend started the selling early on Monday. The May future settled 8 cents lower at $1.91 while the back of the curve was able to maintain some strength. Estimates for inventory on Thursday currently call for a small injection.

This morning the yo-yo in prices continues, with the curve up in early trading. Today we see support around $1.90 and resistance around $2.00.

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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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