February NYMEX Natural Gas Futures Contract Closed at $2.656 on Tuesday, January 26th

Market Insights
Natural Gas
Basis
NYMEX
January 27, 2021
Tuesday, January 26th saw the front-month NYMEX Natural Gas Futures Contract open at $2.649, nearly five cents above Monday’s closing price of $2.602.  Trading along the $2.635 level throughout the day, February closed $2.656.  The more actively traded March contract opened at $2.627, three cents above Monday’s closing price of $2.598, spent the session trading near $2.610 as cold temperatures have helped to stabilize.  The March contract closed $2.636.

As of 7:00AM EST this morning in Globex, WTI Crude was up five cents; Natural Gas was up six cents; Heating Oil was up slightly; and Gasoline was down one cent.

Natural Gas Glossary
Natural Gas Supplier
                                                                                                       
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