December NYMEX Natural Gas Futures Contracts Closed at $3.555 on Tuesday, November 6th

Market Insights
Natural Gas
Basis
NYMEX
November 7, 2018
Tuesday, November 6th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.539, three cents below Monday’s closing price of $3.567.  Inching gradually higher through the morning as wary traders evaluated their positions amidst bullish weather forecasts, prices rose to the intraday high of $3.581 at 10:40AM.  Slipping to the intraday low of $3.531 nearly two hours later, December ticked higher into the afternoon to close lower on Tuesday at $3.555.

This morning in Globex, WTI Crude was up 60 cents; Natural Gas was down three cents; Heating Oil was up four cents; and Gasoline was up one cent.  

 
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Natural Gas Supplier
                                                                                                 
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