March NYMEX Natural Gas Futures Contracts Closed at $3.195 on Tuesday, January 30th

Market Insights
Natural Gas
January 31, 2018
On Tuesday, January 30th – the March NYMEX Natural Gas Futures Contracts began trading as the prompt month.  Opening at $3.236, seven cents below Monday’s closing price of 3.167, prices stumbled to fluctuate along $3.255 through 11:00AM before falling to the intraday low of $3.188 thirty minutes later as weather induced support waned.  Rallying in the subsequent hour to mark the intraday high of $3.249 at 12:50PM, the March contract then withdrew into the afternoon to close higher at $3.195.

This morning in Globex, WTI Crude was down 32 cents; Natural Gas was down 14 cents; Heating Oil was down slightly; and, Gasoline was down one cent.
Natural Gas Glossary
For access to Sprague’s full Natural Gas Market Watch Report including commentary not posted here, please send your request to or call 1-855-466-2842.