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Natural gas gains 6 cents

Posted on: October 11, 2017

The delay in the transition period between Autumn and Winter remains a pressing concern—at least for the natural gas bulls. Unexpected cooling demand and warmer temperatures in the greater Eastern region of the U.S. has brought into question the prolonged supply build we may see within the seasonal transition period and the levels of heating demand during Winter.

Supplies currently sit at 3.508-Tcf as of Sept 29th. The weekly stockpiles have been forecasted to build by 69-Bcf, slightly below the norm. NG futures gained 6 cents to settle at $2.89.


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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