February 9, 2022
Tuesday, February 8
th saw the front-month NYMEX Natural Gas Futures Contract open at of $4.316, eight cents above Monday’s closing price of $4.232. In a quiet day, following the past few days of volatility, the contract traded within a ten-cent range of $4.310 through the morning and extended to an intraday high of $4.364 ahead of midday as bearish forecasts have turned uncertain. Trending lower to close out the day, marking the intraday low of $4.239 at 2:20PM, March closed higher on Tuesday at $4.248.
As of 7:10AM EST this morning in Globex, WTI Crude was down 43 cents; Natural Gas was down seven cents; Heating Oil was down slightly; and Gasoline was up slightly.
Natural Gas Glossary
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