February NYMEX Natural Gas Futures Contracts Closed at $3.501 on Tuesday, January 15th

Market Insights
Natural Gas
Basis
NYMEX
January 16, 2019
Tuesday, January 15th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.607, nearly two cents above Monday’s closing price of $3.591.  Tallying the intraday high of $3.611 as markets opened, the contract stepped lower through the morning after surging higher on Monday.  Marking the intraday low of $3.451 at 11:30AM, a jump above the $3.55 level near midday ultimately gave way as currents fundamentals directed February lower, closing down at $3.501 on Tuesday.

This morning in Globex, WTI Crude was down 49 cents; Natural Gas was up nine cents; Heating Oil was down one cent; and Gasoline was down one cent.

Natural Gas Glossary
Natural Gas Supplier
                                                                                                 
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