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Natural gas falls 7 cents

Posted on: April 15, 2016

Gas started the session lower on Thursday and never recovered, eventually settling 7 cents lower at $1.97. Bearish forecasts greeted traders in the morning, and a slightly bullish inventory number of a withdrawal of 3 bcf was not enough to turn the tide. Storage is starting to become an issue, especially at AECO as production growth continues to outpace demand growth.

Today we see support around $1.90 and resistance around $2.00.


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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