February NYMEX Natural Gas Futures Contract Closed at $4.027 on Monday, January 24th

Market Insights
Natural Gas
Basis
NYMEX
January 25, 2022
Monday, January 24th – saw the front-month NYMEX Natural Gas Futures Contract open at $3.932, nearly seven cents below Friday’s closing price of $3.999.  Falling to an intraday low of $3.929 within minutes of the open, prices then trended higher heading into midday. Reaching an intraday high of $4.068 ahead of 2:30PM, February closed higher on Monday at $4.027.
 
As of 6:30AM EST this morning in Globex, WTI Crude was up 67 cents; Natural Gas was down eight cents; Heating Oil was up two cents; and Gasoline was up three cents.
 
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