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Natural gas gains 9 cents

Posted on: April 13, 2016

Gas reversed Monday's losses at the front of the curve on Tuesday, with the front future gaining 9 cents to settle at $2.00. Participants seemed to be chasing headlines, as rumours that the EIA cut output below 80 bcf/d causes traders to hammer on the bid. The back of the curve was stagnant as the remainder of Cal 16 is where people seem to want to play recently.

Today we see support around $1.90 and resistance around $2.02.


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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