The natural gas futures market has moved up significantly throughout today’s trading session on April 5, 2022. The May 2022 natural gas futures began today’s trading at $5.782/MMBtu. It then traded as high as $6.201/MMBtu as of 12:30 p.m. EST, which is a $0.419 cent increase in pricing. As of 12:45 p.m. EST, the May 2022 natural gas futures price was trading at $6.105/MMBtu. To put today’s pricing into perspective, the April 2022 natural gas futures pricing settled last week on March 29, 2022 at $5.336/MMBtu.
This is another example of how volatile the natural gas futures market can be. Some of you may want to handle your businesses’ energy supply on your own. Today is a good example of why you want to work with a trusted energy consultant that is continuously following the market for you and advising you as to its trends.