January NYMEX Natural Gas Futures Contract Closed at $2.880 on Tuesday, December 1st

Market Insights
Natural Gas
Basis
NYMEX
December 2, 2020
Tuesday, December 1st saw the front-month NYMEX Natural Gas Futures Contract open at $2.921, four cents above Monday’s closing price of $2.882.  Recording the intraday high of $2.922 within minutes of the opening bell, the contract marked the intraday low of $2.833 nearly ninety minutes later.  Fluctuating along $2.860 for the balance of the session, the January contract closed nearly flat on Tuesday at $2.880.

As of 6:50AM EST this morning in Globex, WTI Crude was down 32 cents; Natural Gas was up one cent; Heating Oil was down slightly; and Gasoline was down one cent.

Natural Gas Glossary
Natural Gas Supplier
                                                                                                       
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