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Natural gas falls 2 cents

Posted on: April 21, 2016

Gas had another tight range yesterday, with NYMEX falling 2 cents to settle at $2.07. With little in the way of headlines the market was forced to trade weather forecasts again. AECO was close to unchanged from yesterday. Estimates for the EIA inventory report later this morning are calling for a small injection of 3 bcf.

Today we see support around $2.05 and resistance around $2.14.

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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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