June NYMEX Natural Gas Futures Contracts Closed at $2.763 on Monday, April 30th

Market Insights
Natural Gas
Basis
NYMEX
May 1, 2018
Monday, April 30th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.767, just slightly below Friday’s closing price of $2.771.  Tumbling downward from the intraday high as markets opened, prices marked the intraday low of $2.728 multiple times before midday.  Weighing diminished supply levels against the beginning of the delayed injection season, the contract rebounded confidently into the afternoon, as June closed nearly a penny lower on Monday at $2.763.

This morning in Globex, WTI Crude was down 69 cents; Natural Gas was up three cents; Heating Oil was down two cents; and, Gasoline was down two cents.  

Natural Gas Glossary
                                                                                                 
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