Market Information

Market Information

The May 2017 NYMEX natural gas futures contract opened at $3.191/dth and traded in an 8.5 cent range between $3.219 and $3.134. It settled 2.6 cents lower, ending the session at 3.159/dth. The EIA reported a net injection of 54 Bcf into US natural gas storage inventory for the week ended 4/14/17, which was slightly higher than most estimates. The current inventory level is 2,115 Bcf, 368 Bcf less than last year at this time, and 282 Bcf above the 5 year average. The May crude oil contract traded between $50.97 and $50.18 and expired at $50.27/barrel, down 17 cents. The 6-10 day forecast shows warmer than normal temperatures for the southwest and the eastern half of the US. Below normal temperatures are expected for the northwest.

Storage Report


Weather Forecast

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