April NYMEX Natural Gas Futures Contracts Closed at $2.778 on Monday, March 5th

Market Insights
Natural Gas
Basis
NYMEX
March 13, 2018
Monday, March 12th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.781, five cents above Friday’s closing price of $2.732.  Buoyed by below average temperatures ranging from the southeast to the mid-Atlantic and the impending Nor’easter, prices rose through the day’s opening until reaching the intraday high of $2.804 at 10:00AM.  Trading along the $2.80 mark through midday, the contract fell to the intraday low of $2.776 ahead of 2:30PM as April closed lower higher on Monday at $2.778.

This morning in Globex, WTI Crude was down 42 cents; Natural Gas was up two cents; Heating Oil was down one cent; and, Gasoline was down two cents.  
 
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