Monday, September 18th, saw the front-month NYMEX Natural Gas Futures Contracts open at $3.124, ten cents above Friday’s closing price of $3.024. Slipping lower out of the gate to mark the intraday low of $3.106, prices then climbed as high as $3.143 by 9:30AM. Trading within a penny over the subsequent two hours, the contract rose steadily into the afternoon as above-normal temperatures will cover much of the central and eastern U.S. this week. Tallying a near four-month intraday high of $3.157 at 1:40PM, October proceeded to close higher on Monday at $3.146.
This morning in Globex, WTI Crude was up 46 cents; Natural Gas was down one; Heating Oil was up one cent and, Gasoline was unchanged. Additionally, cash prices were higher in New York and New England.
Natural Gas Glossary
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