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Crude marginal 2 cent gain

Posted on: September 19, 2017

WTI did not fair quite as well as NG with a settle only 2 cents higher to $49.91. Market participants are stuck at the $50 mark for a few reasons: the fall maintenance season of crude processing plants and the tendency for producers to hedge when oil creeps above $50-this is evident from the last WTI net long position decreasing 7%, using data published from U.S Commodity Futures Trading (Sep 12th). The real wild card element for both NG and WTI volatility is the implication of Hurricane Jose/ Maria.


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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

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NYMEX natural gas continued it’s decent on Thursday.

November 17, 2017

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