Tuesday, December 5th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.920, nearly seven cents below Monday’s closing price of $2.985. Lower once again in overnight trading as seasonal weather forecasts combat healthy supply levels, prices fell as low as $2.887 at 9:30AM before climbing to the intraday high of $2.932 forty minutes later. Sliding from here to the intraday low of $2.875 at noon, January managed a choppy ascent to finish the day, closing lower on Tuesday at $2.914.
This morning in Globex, WTI Crude was down 81 cents; Natural Gas was up four cents; Heating Oil was down two cents; and, Gasoline was down two cents.
Natural Gas Glossary
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