Front Month Nymex Natural Gas for March delivery lost 43.90 cents per million British thermal units, or 15.41% to $2.4100 per million British thermal units this week

 

--Largest one week net and percentage decline since the week ending Jan. 6, 2023

--Down for seven consecutive weeks

--Down $4.19 or 63.48% over the last seven weeks

--Largest seven week net decline since the week ending Aug. 22, 2008

--Longest losing streak since the week ending Oct. 21, 2022, when the market fell for nine straight weeks

--Down nine of the past 10 weeks

--Today it is down 4.60 cents or 1.87%

--Down for three consecutive sessions

--Down 27.40 cents or 10.21% over the last three sessions

--Largest three day dollar and percentage decline since Wednesday, Feb. 1, 2023

--Down 10 of the past 13 sessions

--A new 52-week low

--Lowest settlement value since Monday, Dec. 28, 2020

--Off 75.10% from its 52-week high of $9.68 hit Monday, Aug. 22, 2022

--Down 47.29% from 52 weeks ago

--Off 42.23% from its 2023 settlement high of $4.172 hit Wednesday, Jan. 4, 2023

--Off 84.33% from its record high of $15.378 hit Tuesday, Dec. 13, 2005

--Year-to-date it is down $2.065 or 46.15%

 

All prices are calculated based on the settlement price of the current front month contract.

 

Source: Dow Jones Market Data

 

(END) Dow Jones Newswires

February 03, 2023 15:12 ET (20:12 GMT)

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