Front Month Nymex Natural Gas Fell 15.41% This Week to Settle at $2.4100 -- Data Talk
04 February 2023 - 07:27AM
Dow Jones News
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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