August NYMEX Natural Gas Futures Contracts Closed at $2.757 on Friday, July 20th

Market Insights
Natural Gas
Basis
NYMEX
July 23, 2018
Friday, July 20th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.764, slightly below Thursday’s closing price of $2.769.  Building upon Thursday’s storage induced gains, prices ascended to the intraday high of $2.784 by 9:20AM.  Retreating to fluctuate along the $2.77 mark through 1:30PM, the contract slipped to the intraday low of $2.754 as limited demand is expected in the coming week.  August proceeded to close lower on Friday at $2.757.

This morning in Globex, WTI Crude was up 87 cents; Natural Gas was down four cents; Heating Oil was up three cents; and, Gasoline was up two cents. 

Natural Gas Glossary
                                                                                                
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