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If there was ever any question that natural gas was one of the most volatile energy commodities, that question has been answered in the last month.
Here we are in early October, and we are approaching (in four weeks or so) a record large amount of natural gas in storage in the 20+ years that records have been kept. In some places where storage is already filled, there may be no place for this natural gas to go ....The full Market Watch is available to ECNG Customers to contact one of our specialists, call 1-888-989-1501 or email info@ecng.com
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Aeco (Cdn$/GJ)
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Nymex(U.S.$/mmbtu)
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Oct 6
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Sept 22
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Change
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Oct 6
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Sept 22
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Change
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Nov 09
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$4.72
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$3.18
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48.5%
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$4.88
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$3.52
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38.6%
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| Nov09-Oct10 |
$5.44
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$4.87
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11.7%
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$5.88
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$5.47
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7.5%
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| Nov10-Oct11 |
$6.18
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$5.92
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4.5%
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$6.76
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$6.58
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2.8%
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| Nymex Prompt Prices |
Oct 6
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Sept 22
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Change
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Natural Gas (U.S. $ per mmbtu)
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$4.880
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$3.515
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38.8%
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Crude Oil WTI (U.S. $ per barrel)
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$70.88
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$71.40
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-0.7-%
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| Currency |
Oct 6
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Sept 22
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Change
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| USD/CAD |
$0.943
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$0.935
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0.9%
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Please contact your Client Service Representative if you have any questions.
www.ecng.com
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