December NYMEX Natural Gas Futures Contract Closed at $2.789 on Friday, November 8th

Market Insights
Natural Gas
Basis
NYMEX
November 11, 2019
Friday, November 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.805, three cents above Thursday’s closing price of $2.772.  Shaking off the previous session’s weather-induced sell off to open higher on the day, prices spent the morning trending lower to reach an intraday low of $2.761 at 11:30AM.  Managing an unsteady recovery into the afternoon, December closed lower on Friday at $2.789, up nearly $0.08 on the week.

As of 8:40AM EST this morning in Globex, WTI Crude was down 52 cents; Natural Gas was down 14 cents; Heating Oil was down one cent; and Gasoline was down one cent. 
 
Natural Gas Glossary
Natural Gas Supplier
                                                                                                 
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