April NYMEX Natural Gas Futures Contracts Closed at $2.874 on Tuesday, March 19th

Market Insights
Natural Gas
Basis
NYMEX
March 20, 2019
Tuesday, March 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.888, nearly four cents above Monday’s closing price of $2.850.  In another uneventful day of trading, prices swooped lower to trade along either side of $2.860 ahead of 10:00AM.  With many traders awaiting Thursday’s storage report and others waiting out the uncertainty of the current market, the contract mounted a cautious ascent as the day drew on, as April closed higher on Tuesday at $2.874.

As of 8:40AM this morning in Globex, WTI Crude was down 60 cents; Natural Gas was down four cents; Heating Oil was down one cent; and Gasoline was down one cent.  

Natural Gas Glossary
Natural Gas Supplier
                                                                                                 
For access to Sprague’s full Natural Gas Market Watch Report including commentary not posted here, please send your request to natgas@spragueenergy.com or call 1-855-466-2842.