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Market Insights
Natural Gas
Basis
NYMEX
February NYMEX Natural Gas Futures Contract Closed at $3.910 on Monday, January 9th
January 10, 2023
Monday, January 9th saw the February NYMEX Natural Gas Futures Contract open at $3.840, thirteen cents above Friday’s closing price of $3.710. Trending higher before the opening and continuing through the morning, profit-taking and a whisper of the return to seasonal temperatures ...
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Market Insights
Natural Gas
Basis
NYMEX
February NYMEX Natural Gas Futures Contract Closed at $3.710 on Friday, January 6th
January 9, 2023
Friday, January 6th saw the February NYMEX Natural Gas Futures Contract open at $3.664, six cents below Thursday’s closing price of $3.720. With forecasts remaining unquestionably bearish for the weeks ahead, the contract managed to fight off any additional losses through the mor ...
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Market Insights
Natural Gas
Basis
NYMEX
February NYMEX Natural Gas Futures Contract Closed at $3.720 on Thursday, January 5th
January 6, 2023
Thursday, January 5th saw the February NYMEX Natural Gas Futures Contract open at $3.889, twenty-eight cents below Wednesday’s closing price of $4.172. Settling in near the $3.830 level heading into the weekly storage publication, prices trended lower as the above-average withdra ...
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Market Insights
Natural Gas
Basis
NYMEX
February NYMEX Natural Gas Futures Contract Closed at $4.172 on Wednesday, January 4th
January 5, 2023
Wednesday, January 4th saw the February NYMEX Natural Gas Futures Contract open at $4.042, five cents above Tuesday’s closing price of $3.988. Tallying the intraday low of $4.000 by 10:00AM, prices then rose to trade along the $4.15 level ahead of midday. Despite overnight foreca ...
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Market Insights
Natural Gas
Basis
NYMEX
February NYMEX Natural Gas Futures Contract Closed at $3.988 on Tuesday, January 3rd
January 4, 2023
Tuesday, January 3rd saw the February NYMEX Natural Gas Futures Contract open at $4.007, forty-seven cents below Friday’s closing price of $4.475. Hindered once again by bearish conditions that are expected to last at least another ten days, prices dropped sharply overnight. Post ...
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Market Insights
Natural Gas
Basis
NYMEX
February NYMEX Natural Gas Futures Contract Closed at $4.475 on Friday, December 30th
January 3, 2023
The January NYMEX Natural Gas Futures Contract settled at $4.709 on Wednesday December 28th. Markets were closed yesterday in observance of the New Year holiday. Friday, December 30rd saw the February NYMEX Natural Gas Futures Contract open at $4.475, eight cents below Thur ...
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Market Insights
Natural Gas
Basis
NYMEX
January NYMEX Natural Gas Futures Contract Closed at $4.999 on Thursday, December 22nd
December 23, 2022
Thursday, December 22nd saw the January NYMEX Natural Gas Futures Contract open at $5.215, twelve cents below Wednesday’s closing price of $5.332. Ascending to the intraday high of $5.425 ahead of 10:00AM, prices fell to $5.350 ahead of the weekly storage publication. Losing grou ...
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Market Insights
Natural Gas
Basis
NYMEX
January NYMEX Natural Gas Futures Contract Closed at $5.332 on Wednesday, December 21st
December 22, 2022
Wednesday, December 21st saw the January NYMEX Natural Gas Futures Contract open at $5.519, nineteen cents above Tuesday’s closing price of $5.326. Tallying the intraday high of $5.609 by 9:15AM, the contract’s overnight gains can be attributed to production disruptions amidst ch ...
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Market Insights
Natural Gas
Basis
NYMEX
January NYMEX Natural Gas Futures Contract Closed at $5.326 on Tuesday, December 20th
December 21, 2022
Tuesday, December 20th saw the January NYMEX Natural Gas Futures Contract open at $5.416, nearly forty-four cents below Monday’s closing price of $5.851. Losing ground overnight as traders focused on the post-Christmas thaw, the contract posted a relatively quiet day. Trading wit ...
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Market Insights
Natural Gas
Basis
NYMEX
January NYMEX Natural Gas Futures Contract Closed at $5.851 on Monday, December 19th
December 20, 2022
Monday, December 19th saw the January NYMEX Natural Gas Futures Contract open at $6.111, forty-nine cents below Friday’s closing price of $6.600. Recording the intraday high of $6.136 within minutes of the open, prices then continued lower as weekend forecasts turned unseasonably ...
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