# Focus on Fracking: January 2020 natural gas contract expires at an all time low

> The January 2020 U.S. natural gas futures contract expired at an all-time low in late December 2019. Crude oil rose for a fourth straight week, supported by larger-than-expected U.S. inventory draws and Middle East supply concerns. WTI traded near $61 per barrel.

- Date: 2019-12-29 · published 2019-12-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7848-focus-on-fracking-january-2020-natural-gas-contract-expires-at-an-all-time-low
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Gas remained weak on ample supply while crude strength was driven by inventory draws and geopolitical risk, so the two markets diverged. Feed buyers should note that higher crude can lift diesel and freight costs even as gas stays cheap.

## Read by commodity

- WTI: bullish ▲
- NATGAS: bearish ▼

## Sources

- focusonfracking.blogspot.com: http://focusonfracking.blogspot.com/2019/12/january-2020-natural-gas-contract.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.