Friday, September 8th – saw the front-month NYMEX Natural Gas Futures Contracts open at $2.953, three cents below Thursday’s closing price of $2.981. Moving upward initially to mark the intraday high of $2.959, the contract quickly fell to the $2.93 mark and leveled off through 10:00AM when prices diminished further. Crossing $2.900 by midday as cooler temperatures are expected to cover much of the country, October sank to the intraday low of $2.885 by 2:20PM, closing lower on Friday at $2.890.
This morning in Globex, WTI Crude was up 22 cents; Natural Gas was up three cents; Heating Oil was down two cents; and, Gasoline was down three cents. Additionally, cash prices were lower in New York and New England.
Natural Gas Glossary
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