June 15, 2020
Friday, June 12
th saw the front-month NYMEX Natural Gas Futures Contract open at $1.791, two cents below Thursday’s closing price of $1.813. Rising modestly to an intraday high of $1.805, prices arced gradually lower to cross midday near $1.780. Slipping to an intraday low of $1.738 at 1:30PM, expectant markets are analyzing the impact of warm forecasts in June, impending increased demand, and fears over a second wave of COVID-19. The July contract closed lower on Friday at $1.731.
As of 7:20AM EST this morning in Globex, WTI Crude was down 95 cents; Natural Gas was flat; Heating Oil was down one cent; and Gasoline was down one cent.
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