April NYMEX Natural Gas Futures Contracts Closed at $2.749 on Tuesday, March 6th

Market Insights
Natural Gas
Basis
NYMEX
March 7, 2018
Tuesday, March 6th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.732, three cents above Monday’s closing price of $2.704.  Directed higher overnight by below-average forecasts, prices traded along the $2.74 mark for the majority of the morning.  Slipping to the intraday low of $2.724 at 11:30AM, the contract recovered into the afternoon to reach the intraday high of $2.752 ahead of 2:30PM.  April closed higher on Tuesday at $2.749.

This morning in Globex, WTI Crude was down 25 cents; Natural Gas was up two cents; Heating Oil was down slightly; and, Gasoline was up one cent.  

Natural Gas Glossary
                                                                                                 
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