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

Daily Market Update December 29, 2021

Early Morning Update

he Jan ‘22 natural gas contract is trading up $0.15 at $4.21.  The Feb ‘22 crude oil contract is down $0.28 at $75.70.

Summary

very quiet day for the NYMEX with the prompt month finishing nearly flat, closing down -$0.005 to finish the day at $4.055.  Today is the expiration of the Jan ‘22 contract and also the Cal ‘22 strip.  Some weather vendors are also starting to show a push of cold air further east in the 11-15 day forecast, potentially setting up the east coast for some cold temps.  The La Nina weather pattern has kept the colder temps confined to the Pac NW and western Canada but the potential always exists for those cold temps to move further south and east.

 

Market Update 12 29 2021

Market Settles 12 28 2021

 

44.200.174.97