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Natural Gas gains 17.5 cents

Posted on: January 11, 2017

NYMEX Natural Gas finally produced some gains after getting crushed within the last couple weeks triggered by warmer short-term weather expectations. Although short-term expectations still remain warmer, the longer-term forecast is responsible for a positive rebound, with the possibility of cooler temperatures late January to early February.

Another explanation is that short positions in natural gas were closed out driving the prices upwards. Overall Natural Gas traded within a $0.217 range and gained 17.5 cents to settle at $3.278 for the day.

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Most Recent Market Updates

November 20, 2017

Natural gas gains 4.4 cents

NYMEX natural gas climbed 4.4 cents higher on Friday.

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