Friday, January 24
th saw the front-month NYMEX Natural Gas Futures Contract open at $1.885, four cents below Thursday’s closing price of 1.926. Declining overnight as bearish fundamentals continue to plague the market, prices rose to an intraday high of $1.912 by 9:40AM. Falling soon thereafter to fluctuate along $1.895 for the majority of the session, marking an intraday low of $1.878 at 1:00PM, February closed lower on Friday at $1.893, down roughly 5% on the week.
As of 8:50AM EST this morning in Globex, WTI Crude was down $1.66; Natural Gas was up seven cents; Heating Oil was down six cents; and Gasoline was down seven cents.
Natural Gas Glossary
Natural Gas Supplier
For access to Sprague’s full Natural Gas Market Watch Report including commentary not posted here, please send your request to
natgas@spragueenergy.com or call 1-855-466-2842.