Market Information

Market Information

The NYMEX natural gas futures market continued lower on Monday primarily due to unseasonably warm temperature forecasts. The 6-10 day and 11-15 day temperature maps show warmer than normal temperatures across the entire country. The March 2017 NYMEX natural gas futures contract extended Friday's losses and ended the day another 1.3 cents lower. The contract opened at $3.015 and traded in an 8 cent range between $3.086 and $3.006/dth. The contract ended the day at $3.050/dth; down a total of 13.7 cents during the last 2 sessions and was the lowest prompt month settlement in almost 12 weeks. The March crude oil contract traded between $54.13 and $52.91. It ended the day 82 cents lower, settling at $53.01/barrel.

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