Market Intel

January NYMEX Natural Gas Futures Contracts Closed at $2.914 on Tuesday, December 5th

Dec 06, 2017

Tuesday, December 5th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.920, nearly seven cents below Monday’s closing price of $2.985.  Lower once again in overnight trading as seasonal weather forecasts combat healthy supply levels, prices fell as low as $2.887 at 9:30AM before climbing to the intraday high of $2.932 forty minutes later.  Sliding from here to the intraday low of $2.875 at noon, January managed a choppy ascent to finish the day, closing lower on Tuesday at $2.914.

This morning in Globex, WTI Crude was down 81 cents; Natural Gas was up four cents; Heating Oil was down two cents; and, Gasoline was down two cents.  

Natural Gas Glossary                                                                                         

For access to Sprague’s full Natural Gas Market Watch Report including commentary not posted here, please send your request to natgas@spragueenergy.com or call 1-855-466-2842.

This market update is provided for information purposes only and is not intended as advice on any transaction nor is it a solicitation to buy or sell commodities. Sprague makes no representations or warranties with respect to the contents of such news, including, without limitation, its accuracy and completeness, and Sprague shall not be responsible for the consequence of reliance upon any opinions, statements, projections and analyses presented herein or for any omission or error in fact. This document may not be reproduced or redistributed, in whole or in part, without the prior written permission of Sprague.