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Market Insights
Natural Gas
Basis
NYMEX
February NYMEX Natural Gas Futures Contract Closed at $1.893 on Friday, January 24th
January 27, 2020
Friday, January 24th saw the front-month NYMEX Natural Gas Futures Contract open at $1.885, four cents below Thursday’s closing price of 1.926. Declining overnight as bearish fundamentals continue to plague the market, prices rose to an intraday high of $1.912 by 9:40AM. Fallin ...
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Market Insights
Natural Gas
Basis
NYMEX
February NYMEX Natural Gas Futures Contract Closed at $1.926 on Thursday, January 23rd
January 24, 2020
Thursday, January 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $1.958, five cents above Wednesday’s closing price of $1.905. Moving upward in the first ninety minutes of the morning to reach $1.970 ahead of 10:30AM, prices then jumped to an intraday high o ...
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Market Insights
Natural Gas
Basis
NYMEX
February NYMEX Natural Gas Futures Contract Closed at $1.905 on Wednesday, January 22nd
January 23, 2020
Wednesday, January 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $1.915, two cents above Tuesday’s closing price of $1.895. Ascending to an intraday high of $1.942 by 9:40AM, the rally was short-lived as the contract posted a choppy descent throughout the m ...
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Market Insights
Natural Gas
Basis
NYMEX
February NYMEX Natural Gas Futures Contract Closed at $1.895 on Tuesday, January 21st
January 22, 2020
Tuesday, January 21st saw the front-month NYMEX Natural Gas Futures Contract open at $1.949, five cents below Friday’s closing price of $2.003. Gapping lower over the weekend and trading along either side of $1.920 on Monday as the NYMEX trading floor was closed in observation o ...
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Market Insights
Natural Gas
Basis
NYMEX
February NYMEX Natural Gas Futures Contract Closed at $2.003 on Friday, January 17th
January 20, 2020
Friday, January 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.037, four cents below Thursday’s closing price of $2.077. Tumbling lower overnight as weather forecasts are now showing that most of the arctic conditions that were headed for the Northeast ar ...
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Market Insights
Natural Gas
Basis
NYMEX
February NYMEX Natural Gas Futures Contract Closed at $2.077 on Thursday, January 16th
January 17, 2020
Thursday, January 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.126, just above Wednesday’s closing price of $2.120. Adding a penny to reach $2.135 ahead of the 10:30AM EIA storage report, prices then jumped to an intraday high of $2.170 as the bullish r ...
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Market Insights
Natural Gas
Basis
NYMEX
February NYMEX Natural Gas Futures Contract Closed at $2.120 on Wednesday, January 15th
January 16, 2020
Wednesday, January 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.118, seven cents below Tuesday’s closing price of $2.187. Falling to an intraday low of $2.104 shortly after the opening bell, conflicting weather reports sank the contract yesterday mornin ...
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Market Insights
Natural Gas
Basis
NYMEX
February NYMEX Natural Gas Futures Contract Closed at $2.187 on Tuesday, January 14th
January 15, 2020
Tuesday, January 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.232, five cents above Monday’s closing price of $2.182. Continuing the pre-session rally to record an intraday high of $2.255 at 9:20AM, prices then moved lower to trade along $2.240 well int ...
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Market Insights
Natural Gas
Basis
NYMEX
February NYMEX Natural Gas Futures Contract Closed at $2.182 on Monday, January 13th
January 14, 2020
Monday, January 13th saw the front-month NYMEX Natural Gas Futures Contract open at $2.202, even to Friday’s closing price of $2.202. Extending to an intraday high of $2.206 as markets opened, prices soon trended lower and stabilized near $2.175. Fluctuating along this level fo ...
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Market Insights
Natural Gas
Basis
NYMEX
February NYMEX Natural Gas Futures Contract Closed at $2.202 on Friday, January 10th
January 13, 2020
Friday, January 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.193, three cents above Thursday’s closing price of $2.166. Rallying from the intraday low of $2.192 soon after the opening bell, the contract posted a steady ascent into the day as forecasts f ...
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