Direct Energy Business
Market Data For Your Home Contact Us
Market Updates

Daily Market Update April 23, 2018

Early Morning Update

The May18 natural gas contract is trading down $0.02 at $2.71. The June18 crude contract is down $0.95 at $67.45.

 

Summary

The NG market saw a near complete reversal of the prior days’ trading activity, with the prompt month up $.079 (down $.078 the day prior) to close at $2.739.  It’s really just getting back to the ~$2.70 level, where trading has been centered since early February.  Milder temperatures seem set to finally arrive along the east coast after a miserably cold March and April.  This should allow for heating-demand levels to fall a bit, after being higher than last years’ levels by over 8 Bcf/d.
On the power side, eastern markets continue to creep higher due to higher index pricing.  Texas summers sold off slightly and California was quiet.

 

Market Update 042318 

Market Settles 042018

Set your ZIP code and utility

Enter a valid ZIP code
Unfortunately, we don't currently service this area. Please try another ZIP code.

Loading please wait...

Don't see your utility?

We currently only provide service to the listed utilities. For question, please contact 1-888-925-9115.

Loading...

35.173.234.237