Platts
NYMEX January gas futures settle at $2.235/MMBtu, up 2.3 cents
The NYMEX January natural gas futures contract rebounded Monday from Friday’s selloff to settle at $2.235/MMBtu, up 2.3 cents.
The January contract dropped 8.7 cents Friday to settle at $2.212/MMBtu on the contract’s first day in the prompt-month position, shrinking its premium to the December settlement price to a little more than half a cent.
“The natural gas market is still attempting to stabilize after last week’s price decline, but is…