January 2- 24 Market Update

NYMEX Natural Gas Futures Contract Feb 24 contract settled $2.56 USD/M up $0.05 from the December 29th close; Winter is settled at $2.47 and Summer 24 settled at $2.62.

Market Fundamentals – Markets have been relatively soft over the past week as traders are moving on from this warm winter. The focus is now on the Summer of 2024 as this strip increased $0.12 over the past two weeks. January remains an opportunity to lock in at the 10 year low in the market. Happy New Year to all!

Scroll to Top