Good afternoon folks! Welcome back to RiteRate’s market update for Monday, September 21st. Taking a look at natural gas price action, futures contract came under pressure today despite making an intraday run up to $5.172. The October 2021 prompt month contract ultimately lost $0.120 to settle at $4.985, down 2.4% from Friday’s closing price. After …
September 20th, 2021 – Natural Gas Market Update Read More »
Hello everyone and welcome back to RiteRate’s market update to close out the week. After settling at $5.335 yesterday, the October natural gas futures contract made an overnight high at $5.394 before encountering selling pressure for the remainder of the day. The contract settled down $0.230 US/MMBtu (-4.3%) at $5.105. We note that from a …
September 17th, 2021 – Natural Gas Market Update Read More »
It will be tough not to use another roller coaster analogy for today’s price action, but it sure was a wild ride in natural gas markets. In the early hours of the morning when most of North America was fast asleep, futures prices for the Title Transfer Facility (TTF) in the Netherlands, the benchmark for …
September 16th, 2021 – Natural Gas Market Update Read More »
Hello and welcome back to another market update from the team at RiteRate. No shortage of volatility in today’s market! Natural gas prices whipsawed up and down in an exceptionally-wide range during Wednesday’s trading session. Starting at 4:30AM EST, natural gas prices vaulted $0.20 within an hour, spurred on by soaring overseas natural gas prices …
September 15th, 2021 – Natural Gas Market Update Read More »
Good afternoon everyone! Taking a look at the natural gas market, the October futures contract traded in a $0.20 range on Tuesday before settling up just $0.029 over Monday’s settlement. The contract traded as high as $5.369 intraday but closed at $5.26 as bearish developments weighed on prices. Prices for natural gas have strengthened significantly …
September 14th, 2021 – Natural Gas Market Update Read More »
Hello and welcome back to another natural gas market update from the team at Canadian RiteRate Energy. Futures contracts for natural gas resumed their climb upwards during Monday’s trading session, ultimately reaching a fresh seven-year high. The October 2021 contract touched a low of $4.91 in the early morning hours before vaulting higher up to …
September 13th, 2021 – Natural Gas Market Update Read More »
Welcome to RiteRate’s Natural Gas Market Update Archive, your database for all of our past posts. If you’ve missed anything over the past few weeks, fell free to come here at any time to catch up or reference. In the case of any additional questions on any of our content or offerings, send us an …