Natural Gas Market Intel

The Natural Gas group produces a daily MarketWatch blog, providing in-depth market and geopolitical insights to help you understand the key drivers affecting commodity prices and the supply dynamics affecting pricing in the Northeast US markets.

MarketWatch

Daily insight to help shed light on the constantly-changing natural gas markets
Latest Post July 24, 2017

August NYMEX Natural Gas Futures Contracts closed at $2.970 on Friday, July 21st

Friday, July 21st, saw the front-month NYMEX Natural Gas Futures Contracts open at $3.032, a penny below Thursday’s closing price of $3.043.  Right out of the gate, the contract hit the intraday high of $3.044.  Prices then crept steadily downward to dip below the $3.00 mark around noon.  Trading within a one-cent band for the next two hours, the contract suddenly dove to the intraday low of $2.938 before closing lower on Friday at $2.970.

This morning in Globex, WTI Crude was up 26 cents; Natural Gas was down four cents; Heating Oil was up one cent; and, Gasoline was unchanged.  Additionally, cash prices were lower in New York and New England.

 

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