Front Month Nymex Natural Gas for March delivery lost 1.20 cents per million British thermal units, or 0.49% to $2.4560 per million British thermal units today
–Down for two consecutive sessions
–Down 22.80 cents or 8.49% over the last two sessions
–Largest two day dollar and percentage decline since Tuesday, Jan. 31, 2023
–Down nine of the past 12 sessions
–A new 52-week low
–Lowest settlement value since Tuesday, April 6, 2021
–Off 74.63% from its 52-week high of $9.68 hit Monday, Aug. 22, 2022
–Down 49.75% from 52 weeks ago
–Off 41.13% from its 2023 settlement high of $4.172 hit Wednesday, Jan. 4, 2023
–Off 84.03% from its record high of $15.378 hit Tuesday, Dec. 13, 2005
–Year-to-date it is down $2.019 or 45.12%
All prices are calculated based on the settlement price of the current front month contract.
Source: Dow Jones Market Data
(END) Dow Jones Newswires
02-02-23 1500ET
Read More: Front Month Nymex Natural Gas Fell 0.49% to Settle at $2.4560 — Data Talk