Front Month Nymex Natural Gas for July delivery lost 24.50 cents per million British thermal units, or 10.14% to $2.1720 per million British thermal units this week

 

--Down for two consecutive weeks

--Down 41.30 cents or 15.98% over the last two weeks

--Largest two week net and percentage decline since the week ending March 17, 2023

--Today it is up 1.40 cents or 0.65%

--Snaps a two session losing streak

--Off 77.56% from its 52-week high of $9.68 hit Monday, Aug. 22, 2022

--Up 9.09% from its 52-week low of $1.991 hit Wednesday, March 29, 2023

--Down 74.52% from 52 weeks ago

--Off 47.94% from its 2023 settlement high of $4.172 hit Wednesday, Jan. 4, 2023

--Up 9.09% from its 2023 settlement low of $1.991 hit Wednesday, March 29, 2023

--Off 85.88% from its record high of $15.378 hit Tuesday, Dec. 13, 2005

--Year-to-date it is down $2.303 or 51.46%

 

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

 

Source: Dow Jones Market Data

 

(END) Dow Jones Newswires

June 02, 2023 15:04 ET (19:04 GMT)

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