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Market Insights
Natural Gas
Basis
NYMEX
March NYMEX Natural Gas Futures Contract Closed at $2.174 on Wednesday, February 22nd
February 23, 2023
Wednesday, February 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.074, nearly even to Tuesday’s closing price of $2.073. Tallying the intraday low of $2.070 soon after the opening bell, prices climbed steadily higher through the morning hours despite stro ...
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Market Insights
Natural Gas
Basis
NYMEX
March NYMEX Natural Gas Futures Contract Closed at $2.073 on Tuesday, February 21st
February 22, 2023
Tuesday, February 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.187, eleven cents below Friday’s closing price of $2.275. Recording the intraday high of $2.188 within minutes of the open, compellingly bearish conditions and forecasts have directed prices ...
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Market Insights
Natural Gas
Basis
NYMEX
March NYMEX Natural Gas Futures Contract Closed at $2.389 on Thursday, February 16th
February 17, 2023
Thursday, February 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.547, seven cents above Wednesday’s closing price of $2.471. Marking the intraday high as markets opened, prices trended gradually lower to reach the $2.480 level ahead of the weekly storage ...
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Market Insights
Natural Gas
Basis
NYMEX
March NYMEX Natural Gas Futures Contract Closed at $2.471 on Wednesday, February 15th
February 16, 2023
Wednesday, February 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.538, three cents below Tuesday’s closing price of $2.567. Posting an arching ascent through the morning hours, prices rose gradually to the intraday high of $2.581 by 11:25AM. The partial r ...
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Market Insights
Natural Gas
Basis
NYMEX
March NYMEX Natural Gas Futures Contract Closed at $2.567 on Tuesday, February 14th
February 15, 2023
Tuesday, February 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.559, fifteen cents above Monday’s closing price of $2.405. Marking the intraday low of $2.515 shortly after 9:30AM, the contract plotted its way upward as the Freeport LNG facility could be b ...
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Market Insights
Natural Gas
Basis
NYMEX
March NYMEX Natural Gas Futures Contract Closed at $2.405 on Monday, February 13th
February 14, 2023
Monday, February 13th saw the front-month NYMEX Natural Gas Futures Contract open at $2.441, seven cents below Friday’s closing price of $2.514. Trading along either side of $2.450 for the majority of the morning hours, traders had the pleasure of weighing bearish fundamentals ag ...
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Market Insights
Natural Gas
Basis
NYMEX
March NYMEX Natural Gas Futures Contract Closed at $2.514 on Friday, February 10th
February 13, 2023
Friday, February 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.448, two cents above Thursday’s closing price of $2.430. Seeking direction as the contract floated along either side of $2.460 through the morning hours, tallying an intraday low of $2.438 ahe ...
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Market Insights
Natural Gas
Basis
NYMEX
March NYMEX Natural Gas Futures Contract Closed at $2.430 on Thursday, February 9th
February 10, 2023
Thursday, February 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.424, three cents above Wednesday’s closing price of $2.396. Trading along either side of the $2.44 level leading up to the weekly storage publication, prices rose briefly to just shy of the $ ...
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Market Insights
Natural Gas
Basis
NYMEX
March NYMEX Natural Gas Futures Contract Closed at $2.396 on Wednesday, February 8th
February 9, 2023
Wednesday, February 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.532 five cents below Tuesday’s closing price of $2.584. Ascending to an intraday high of $2.560 ahead of 9:45AM, bulls were unable to sustain the previous day’s rally as prices withdrew thro ...
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Market Insights
Natural Gas
Basis
NYMEX
March NYMEX Natural Gas Futures Contract Closed at $2.584 on Tuesday, February 7th
February 8, 2023
Tuesday, February 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.504 five cents above Monday’s closing price of $2.457. Making gains early on as the latest forecasts are showing a possible return for frigid temperatures by month-end, the contract rose to $2 ...
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