NYMEX natural gas futures increased

NYMEX natural gas futures increased
# 11 January 2023 10:07 (UTC +04:00)

The February gas contract on the New York Mercantile Exchange’s Henry Hub settled at $3.639 per mmBtu, or metric million British thermal units, on Tuesday — down 27 cents, or 7% on the day, APA-Economics reports citing investing.com.

The move down came after Monday’s initial rally of 11% and final gain of 5.4% for February gas. Week to date, the benchmark gas contract is about 2% off, adding to the 52% drop over three prior weeks.

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