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.
Natural Gas Glossary
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