May 1, 2019
Tuesday, April 30
th saw the front-month NYMEX Natural Gas Futures Contract open at $2.594, nearly even to Monday’s closing price of $2.593. Tallying an intraday high of $2.600 at 9:30AM, the contract then lost its footing and sank to the intraday low of $2.565 by 10:10AM. Recovering to $2.595 ahead of midday, traders are currently weighing bullish forecasts against expectations for healthy storage injections in the coming month. Posting a gradual decline into the afternoon, June closed lower on Tuesday at $2.575.
As of 8:45AM EST this morning in Globex, WTI Crude was down 45 cents; Natural Gas was up two cents; Heating Oil was unchanged; and Gasoline was up one cent.
Natural Gas Glossary
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