Friday, September 1st – saw the front-month NYMEX Natural Gas Futures Contracts open at $3.005, below Thursday’s closing price of $ $3.040. Dropping to the intraday low of $2.998 as markets opened, prices traded along $3.010 until bounding higher at 9:30AM. Stabilizing near $3.080 ninety minutes later, the contract rose to the intraday high of $3.088 shortly after noon. Persisting along this level to finish out the day, October closed higher on Friday at $3.070.
In observance of Labor Day, the NYMEX was closed on Monday, September 4th.
This morning in Globex, WTI Crude was up 71 cents; Natural Gas was down eight cents; Heating Oil was down two cents; and, Gasoline was down six cents. Additionally, cash prices were lower in New York and New England.
Natural Gas Glossary
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