July 2, 2019
Monday, July 1
st saw the front-month NYMEX Natural Gas Futures Contract open at $2.259, five cents below Friday’s closing price of $2.308. Faltering from last week’s highs as reality fell short of bullish forecasts, the contract tapered lower throughout the morning to tally an intraday low of $2.217 by 11:20AM. Finding support as midday came to pass, prices recovered toward the end of the session to reach an intraday high of $2.270 at 2:20PM as August closed lower on Monday at $2.267.
As of 8:50AM EST this morning in Globex, WTI Crude was down 82 cents; Natural Gas was up one cent; Heating Oil was down two cents; and Gasoline was down two cents.
Natural Gas Glossary
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