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Natural gas 8 cents stronger

Posted on: October 24, 2017

There isn't much to say about NG today except the bulls got a taste of weather fundamentals that may play out in their favor-- sparking optimism and rallying prompt futures 8 cents stronger to $2.99. In Texas and out to the Great Lakes region will likely have temperatures below average over the next week according to MDA Weather Services which will stimulate heating demand.

BNEF preliminary inventory estimate is below the average at 62-Bcf.

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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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