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Daily Market Update December 30, 2021

Early Morning Update

he Feb ‘22 natural gas contract is trading down $0.05 at $3.80.  The Feb ‘22 crude oil contract is up $0.12 at $76.68.

Summary

he Jan ‘22 contract expired yesterday after a bumpy trading session.  The market opened up sharply and traded all the way up to $4.26 before the rally ran out of steam and the prompt month fell and closed the day at $4.024, down $0.031.  The EIA will release the weekly storage report today and estimates are calling for a draw of 130 Bcf.  Today will be our final morning update for 2021.  Have a great and safe New Years and we’ll see you in 2022.

 

Market Update 12 30 2021

Market Settles 12 29 2021

 

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