January NYMEX Natural Gas Futures Contract Closed at $2.319 on Tuesday, December 17th

Market Insights
Natural Gas
Basis
NYMEX
December 18, 2019
Tuesday, December 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.327, roughly a penny below Monday’s closing price of $2.341.  Trading along either side of $2.325 through 11:30AM, tallying an intraday high of $2.339 at 10:40AM, prices trended lower ahead of midday.  Recording an intraday low of $2.293 at 12:10PM, as weather forecasts have turned bearish for much of the country, January closed lower on Tuesday at $2.319.

As of 9:10AM EST this morning in Globex, WTI Crude was down 32 cents; Natural Gas was down three cents; Heating Oil was down one cent; and Gasoline was down two 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.