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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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Market Insights
Natural Gas
Basis
NYMEX
January NYMEX Natural Gas Futures Contract Closed at $6.600 on Friday, December 16th
December 19, 2022
Friday, December 16th saw the January NYMEX Natural Gas Futures Contract open at $6.484, forty-nine cents below Thursday’s closing price of $6.970. Recording the intraday low of $6.410 by 9:15AM, overnight forecasts confirmed news of arctic conditions moving in next week, as well ...
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Market Insights
Natural Gas
Basis
NYMEX
January NYMEX Natural Gas Futures Contract Closed at $6.970 on Thursday, December 15th
December 16, 2022
Thursday, December 15th saw the January NYMEX Natural Gas Futures Contract open at $6.464, three cents above Wednesday’s closing price of $6.430. Recording the intraday low of $6.454 soon after the open, prices rose to the $6.700 level ahead of the weekly storage report at 10:30A ...
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Market Insights
Natural Gas
Basis
NYMEX
January NYMEX Natural Gas Futures Contract Closed at $6.430 on Wednesday, December 14th
December 15, 2022
Wednesday, December 14th saw the January NYMEX Natural Gas Futures Contract open at $6.639, thirty cents below Tuesday’s closing price of $6.935. Marking the intraday high of $6.708 within minutes of the open, weakened overnight forecasts directed prices lower. Trading along the ...
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Market Insights
Natural Gas
Basis
NYMEX
January NYMEX Natural Gas Futures Contract Closed at $6.935 on Tuesday, December 13th
December 14, 2022
Tuesday, December 13th saw the January NYMEX Natural Gas Futures Contract open at $6.995, forty-one cents above Monday’s closing price of $6.587. Chopping around either side of $7.025 through the morning hours, supported forecasts for winter to finally arrive to close out the mon ...
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