January NYMEX Natural Gas Futures Contract Closed at $4.055 on Tuesday, December 28th

Market Insights
Natural Gas
December 29, 2021
Tuesday, December 28th saw the front-month NYMEX Natural Gas Futures Contract open at $3.972, almost nine cents below Monday’s closing price of $4.060. Prices would drop to their intraday low of $3.955 minutes after open, around 9:40AM. For the second consecutive day, prices saw steady, almost linear growth until about 2:00PM. Prices then dropped for a moment before rebounding to an intraday high of $4.073 just before close. The January contract closed out the day at $4.055.
As of 9:50AM EST this morning in Globex, WTI Crude was down $.33; Natural Gas was up six cents; Heating Oil was down one cent; and Gasoline was down one cent.
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.