December 12, 2018
Tuesday, December 11
th saw the front-month NYMEX Natural Gas Futures Contracts open at $4.446, eight cents below Monday’s closing price of $4.545. Following a jump to the intraday high of $4.478 at 9:20AM, the contract soon returned Monday’s gains as mild temperatures are expected to cover much of the country in the next 10-14 days. Tallying the intraday low of $4.348 at 11:40AM, prices proceeded to fluctuate within five cents of $4.400 over the balance of the day as January closed lower on Tuesday at $4.407.
This morning in Globex, WTI Crude was up 77 cents; Natural Gas was down 14 cents; Heating Oil was up two cents; and Gasoline was up two cents. Additionally, cash prices were lower in New York and higher in New England.
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.
This market update is provided for information purposes only and is not intended as advice on any transaction nor is it a solicitation to buy or sell commodities. Sprague makes no representations or warranties with respect to the contents of such news, including, without limitation, its accuracy and completeness, and Sprague shall not be responsible for the consequence of reliance upon any opinions, statements, projections and analyses presented herein or for any omission or error in fact. The views expressed in this material are through the period as of the date of this report and are subject to change based on market and other conditions. This document contains certain statements that may be deemed forward-looking statements. Please note that any such statements are not guarantees of any future performance or results and actual results or developments may differ materially from those projected. The whole or any part of this work may not be reproduced, copied, or transmitted or any of its contents disclosed to third parties without Sprague’s express written consent.