Market Intel

December NYMEX Natural Gas Futures Contracts Closed at $3.167 on Monday, November 13th

Nov 14, 2017

Monday, November 13th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.189, three cents below Friday’s closing price of $3.217.  Losing ground in overnight trading as profit taking took hold, prices soon rose higher despite forecasts for mild temperatures in the coming week.  Climbing aggressively shortly after 9:30AM, the contract marked the intraday high of $3.231 forty minutes later.  Choppy trading ensued into the early afternoon as prices fluctuated within a penny of $3.210, before ultimately losing support by day’s end as December closed lower on Monday at $3.167.

This morning in Globex, WTI Crude was down 31 cents; Natural Gas was down seven cents; Heating Oil was down two cents; and, Gasoline was down two cents.

Natural Gas Glossary

                                                                                                 
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