Rounding out the major energy trade, Nymex January natural gas NGF15, +0.13% fell 2.3 cents, or 0.8%, to $3.007 per million British thermal units after briefly dipping below $3 earlier in the session. It is the lowest settlement since Sept. 25, 2012.
Natural gas hasn’t traded below $3 since 2012, according to FactSet. Warmer winter weather has been taking a toll on natural gas prices, which have tumbled more than 26% in December.
Across other energy contracts, Nymex January gasoline RBF5, +0.12% eased 0.3% to settle at $1.5087 a gallon, while January heating oil HOF5, -0.24% slipped 0.4% to $1.92 a gallon.
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Natural gas hasn’t traded below $3 since 2012, according to FactSet. Warmer winter weather has been taking a toll on natural gas prices, which have tumbled more than 26% in December.
Across other energy contracts, Nymex January gasoline RBF5, +0.12% eased 0.3% to settle at $1.5087 a gallon, while January heating oil HOF5, -0.24% slipped 0.4% to $1.92 a gallon.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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