A slight rise in demand Tuesday provided impetus for the NYMEX January natural gas futures contract and the rest of the winter to rebound Tuesday after five straight days of exploring the downside. The NYMEX January contract settled at $3.838/MMBtu, up 31 cents from Monday’s close of $3.528/MMBtu. Monday’s settle was the lowest for a front-month contract since November 2 at a $3.31/MMBtu close. Other monthly contracts for the balance of the winter followed the same path, with February increasing 28.90 cents to $3.742/MMBtu and March increasing 25 cents to $3.558/MMBtu. Gas Storage Outlook Conference | January 10-11, 2019 | Houston, Texas Stay on top of the changing dynamics of the gas storage industry: natural gas trends, Mexico’s gas storage outlook, FERC/PHMSA rulemakings and regulations, Aliso Canyon status updates, and much more. Learn More The […]