August NYMEX Natural Gas Futures Contract Closed at $8.727 on Monday, July 25th

Market Insights
Natural Gas
Basis
NYMEX
July 26, 2022
Monday, July 25th saw the August NYMEX Natural Gas Futures Contract open at $8.483, eighteen cents above Friday’s closing price of $8.299. Tallying the intraday low of $8.365 at 9:45AM, the contract continued last week’s rally as strong demand and production concerns provided support. Crossing midday at $8.615 and marking the intraday high of $8.741 ahead of 2:30PM, August closed higher on Monday at $8.727.

As of 7:20AM EST this morning in Globex, WTI Crude was up $1.56; Natural Gas was up 25 cents; Heating Oil was up five cents; and Gasoline was up five cents.

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.