Direct Energy Business
Market Data For Your Home Contact Us
Market Updates

Daily Market Update December 11, 2018

Early Morning Update

The Jan19 natural gas contract is trading down $0.09 at $4.46. The Jan19 crude contract is up $0.70 at $51.70.



After a day of choppy movement in Q1’19, the natural gas market ended up settling mostly flat to slightly down, with the exception of the prompt month. January 2019 rose almost six cents to $4.545/MMBtu, but the remainder of 2019 lost 1- 2 cents, with a settle of $3.278. 2020 moved down less than a penny to $2.708, and 2021 moved up less than a cent to $2.64. No major changes in the weather forecast for today, as the last few days of colder weather are displaced with nearly all-encompassing warmth through next week. The East Coast and Northeast look to stay normal or slightly above through the end of the month, helping to moderate heating demand in gas-heavy regions. Production has declined below 85 Bcf/d as of today for the first time since mid-November, with forecasts for the next two weeks around 85.2 Bcf/d. Paired with expected demand to drop by 12% over the next two weeks, this could help steady market fundamentals through the first month of winter.


Market Update 121118

Market Settles 121018

Set your ZIP code and utility

Enter a valid ZIP code
Unfortunately, we don't currently service this area. Please try another ZIP code.

Loading please wait...

Don't see your utility?

We currently only provide service to the listed utilities. For question, please contact 1-888-925-9115.