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Natural Gas prices gap higher as futures open – United States “officially on polar vortex watch”
Natural Gas prices gap higher as futures open – United States “officially on polar vortex watch” January 12, 20254:44 PM BOE Report Staff Natural gas prices blasted higher as futures opened Sunday night. Front month February natural gas futures were up 7% within the first few minutes of trading Sunday night, trading up to $4.25/mmbtu. The March natural gas contract was up ~4% to $3.54/mmbtu. While LNG feedgas has recently been at record levels, the immediate reaction Sunday night appears to be weather related. Several forecasters on X have pointed to the potential for severe cold to descend deep into the US as ... (full story)