February 23, 2022
Tuesday, February 22
nd saw the front-month NYMEX Natural Gas Futures Contract open at of $4.542, eleven cents above Friday’s closing price of $4.431. Building on the pre-session momentum, prices peaked at an intraday high of $4.623 at 10:55AM as frigid temperatures reenter the forecasts and tensions rise between Ukraine and Russia; this is arguably a non-issue considering Henry Hub is a U.S. contract. Losing ground to finish the day, marking an intraday low of $4.448 at 2:10PM, March closed higher on Tuesday at $4.498.
The NYMEX trading floor was closed on Monday, February 21, 2022, in observance of President’s Day.
As of 7:40AM EST this morning in Globex, WTI Crude was down 37 cents; Natural Gas was unchanged; Heating Oil was down two cents; and Gasoline was up slightly.
Natural Gas Glossary
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