Insights & Commentary

January NYMEX is trading near $4.93/MMBtu this morning, down a fair margin from Friday’s $5.23 close as futures give back part of their hefty weather-driven gains.

Big moves today in the gas markets as January NYMEX is trading near $5.45/MMBtu this morning, surging from yesterday’s $5.06 close and marking the highest prompt-month print since 2022.

The January NYMEX is trading near $4.95/MMBtu after a choppy storage day. The contract pushed above $5.00 early this morning, then slid toward $4.89 on the EIA print before stabilizing and drifting back to the $4.95 handle, all after yesterday’s $4.99 close.