Front Month Nymex Natural Gas for Sept. delivery gained 56.80 cents per million British thermal units, or 6.48% to $9.3360 per million British thermal units this week
--Up for two consecutive weeks
--Up $1.272 or 15.77% over the last two weeks
--Largest two week gain since the week ending July 22, 2022
--Largest two week percentage gain since the week ending July 29, 2022
--Up six of the past seven weeks
--Today it is up 14.80 cents or 1.61%
--Snaps a two session losing streak
--A new 52-week high
--Highest settlement value since Friday, Aug. 1, 2008
--Up 162.17% from its 52-week low of $3.561 hit Thursday, Dec. 30, 2021
--Rose 142.43% from 52 weeks ago
--Up 151.17% from its 2022 settlement low of $3.717 hit Tuesday, Jan. 4, 2022
--Off 39.29% from its record high of $15.378 hit Tuesday, Dec. 13, 2005
--Month-to-date it is up 13.45%
--Year-to-date it is up $5.606 or 150.29%
All prices are calculated based on the settlement price of the current front month contract.
Source: Dow Jones Market Data
(END) Dow Jones Newswires
08-19-22 1501ET