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Market Insights
Natural Gas
Basis
NYMEX
February NYMEX Natural Gas Futures Contract Closed at $2.491 on Thursday, January 21st
January 22, 2021
Thursday, January 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.482, six cents below Wednesday’s closing price of $2.539. Reaching an intraday high of $2.515 at 9:45AM, the contract traded along either side of $2.485 throughout the session. Prices fell ...
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Market Insights
Natural Gas
Energy Insights for Business
Basis
February NYMEX Natural Gas Futures Contract Closed at $2.539 on Wednesday, January 20th
January 21, 2021
Wednesday, January 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.472, seven cents below Tuesday’s closing price of $2.546. Edging lower to mark a three-week intraday low of $2.454 at 10:40AM, traders are losing faith in the arrival of frigid temperatures ...
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Market Insights
Natural Gas
Basis
NYMEX
February NYMEX Natural Gas Futures Contract Closed at $2.546 on Tuesday, January 19th
January 20, 2021
Tuesday, January 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.571, a penny above Thursday’s closing price of $2.737. Losing ground over the long holiday weekend as forecasts for frigid temperatures failed to materialize, prices rose to an intraday high ...
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Market Insights
Natural Gas
Basis
NYMEX
February NYMEX Natural Gas Futures Contract Closed at $2.737 on Friday, January 15th
January 18, 2021
Friday, January 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.774, a penny above Thursday’s closing price of $2.666. Ascending to an intraday high of $2.800 by 9:20AM, the contract then withdrew to stabilize near the $2.720 level at 11:15AM. Trading alo ...
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Market Insights
Natural Gas
Basis
NYMEX
February NYMEX Natural Gas Futures Contract Closed at $2.666 on Thursday, January 14th
January 15, 2021
Thursday, January 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.736, a penny above Wednesday’s closing price of $2.727. Ascending to $2.760 ahead of 10:00AM, prices jumped to an intraday high of $2.791 as the weekly storage publication was released. Bre ...
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Market Insights
Natural Gas
Basis
NYMEX
February NYMEX Natural Gas Futures Contract Closed at $2.727 on Wednesday, January 13th
January 14, 2021
Wednesday, January 13th saw the front-month NYMEX Natural Gas Futures Contract open at $2.786, three cents above Tuesday’s closing price of $2.753. Choppy trading ensued throughout the morning hours, covering an eight-cent range and eventually climbing to an intraday high of $2. ...
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Market Insights
Natural Gas
Basis
NYMEX
February NYMEX Natural Gas Futures Contract Closed at $2.747 on Monday, January 11th
January 12, 2021
Monday, January 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.668, three cents below Friday’s closing price of $2.700. Slipping to an intraday low of $2.620, buyers then entered the market and drove the contract higher through the balance of the day. Cr ...
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Market Insights
Natural Gas
Basis
NYMEX
February NYMEX Natural Gas Futures Contract Closed at $2.700 on Friday, January 8th
January 11, 2021
Friday, January 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.659, seven cents below Thursday’s closing price of $2.729. Slipping to an intraday low of $2.644 ahead of 10:00AM, prices then jumped to $2.710 an hour later. Ascending to an intraday high of ...
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Market Insights
Natural Gas
Basis
NYMEX
February NYMEX Natural Gas Futures Contract Closed at $2.729 on Thursday, January 7th
January 8, 2021
Thursday, January 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.693, two cents below Wednesday’s closing price of $2.716. Tallying an intraday low of $2.687 within minutes of the opening bell, prices traded along $2.715 until jumping to an intraday high o ...
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Market Insights
Natural Gas
Basis
NYMEX
February NYMEX Natural Gas Futures Contract Closed at $2.716 on Wednesday, January 6th
January 7, 2021
Wednesday, January 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.671, three cents below Tuesday’s closing price of $2.702. Falling to an intraday low of $2.661 by 9:15AM, the contract posted a steady ascent throughout the morning to reach a two-week intra ...
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