May 13, 2019
Friday, May 10
th saw the front-month NYMEX Natural Gas Futures Contract open at $2.598, slightly above Thursday’s closing price of $2.595. Slipping to the intraday low of $2.579 by 9:20AM, buyers then entered the market as forecasts for below average temperatures in the short term provided support. Ascending to nearly a four-week intraday high of $2.647 just past midday, June withdrew into the afternoon to close higher on Friday at $2.619.
As of 6:10 EST this morning in Globex, WTI Crude was up 90 cents; Natural Gas was down two cents; Heating Oil was up three cents; and Gasoline was up three cents.
Natural Gas Glossary
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