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Natural gas unchanged

Posted on: September 27, 2017

NG prompt futures settled unchanged at $2.92 even after favorable BNEF stockpile estimates. BNEF anticipates a 56-Bcf gain versus the 5 year average of 84-Bcf. In addition to the stockpile estimate the Eastern half of the US has been warmer than normal going out into the Oct 10 model from MDA Weather Services. Propane prices have soared, reflecting the optimism that La Nina may create a chilled Winter with higher heating demand as we enter the seasonal transition period.


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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