Natural Gas Market Updates

January 22, 2025 – Market Update

The NYMEX gained 20 cents to close at $3.98 US/mm. The rally is a bit surprising, considering that that temperatures are expected to slowly warm up, and that Freeport LNG is experiencing an outage (feed gas dropped by 13.3 bcf on Tuesday, ultimately leaving more supply available on the market).

However, the volume traded today was quite small, so we will see tomorrow if this direction sticks.

The expectation for tomorrow’s storage report is a withdrawal of -244 bcf. Stay tuned!


NYMEX Natural Gas Front Month

(One Day Delayed)

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