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

Daily Market Update December 26, 2018

Early Morning Update

The Jan19 natural gas contract is trading down $0.01 at $3.45. The Feb19 crude contract is up $1.50 at $44.03.

 

Summary

Volatility remains the story in NYMEX as the prompt month January contract lost 34.9 cents on Monday to close at $3.467/MMBtu. The 2019 calendar strip followed, falling 13.5 cents, and closed below the $3 mark at $2.982/MMBtu. Most of the losses were in the near-term with the first quarter falling 31.9 cents, to close at $3.384/MMBtu. The 2020 calendar strip fell 2.8 cents to $2.68/MMBtu and 2021 was flat at $2.61/MMbtu. The January contract will expire tomorrow and bring the 2019 calendar strip off the board.
Temperatures are expected to trend warmer than average in the 5-10 day period with forecast shifting colder beyond that which could bring demand back up to seasonal levels.  

 

Market Update 122618

Market Settles 122418

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.

Loading...

18.204.227.250