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The standardized NYMEX natural gas futures contract is for delivery of 10,000 million Btu of energy (approximately 10,000,000 cu ft or 280,000 m 3 of gas) at Henry Hub in Louisiana over a given delivery month consisting of a varying number of days. As a coarse approximation, 1000 cu ft of natural gas ≈ 1 million Btu ≈ 1 GJ.
The price of February futures for natural gas jumped to a high of $4.20 per million British thermal units in Monday's trading session. The gain continues recent trends, with the price of natural ...
The following is a list of futures contracts on physically traded commodities. ... Live Cattle: 40,000 lb (20 tons) ... Natural gas: ICE: 1,000 therms NBP
NYMEX began offering standardized natural gas contracts with delivery at the Henry Hub in April 1990. In 2011, the Henry Hub was the site of a land dispute, in which Sabine sued to condemn land near the site of their hub, and expropriate it from the Broussard family, who had owned it for generations, arguing that it was acting in the national ...
Natural gas prices surged more than 20% on Monday after a wave of forecasts over the weekend predicted incoming arctic air could set the U.S. up for the coldest January in a decade or more.
On Tuesday, natural gas futures were hovering just above $2.30 per million British thermal units (MMBtu). Contract prices are down 25% over the past month, and about 40% lower year to date. The ...