February 27, 2019
On Tuesday, February 26
th – settlement day for the March contract – the front-month NYMEX Natural Gas Futures Contracts opened at $2.885, five cents above Monday’s closing price of $2.836. Marking the intraday high of $2.890 by 9:20AM, prices trended lower as the day drew on. Recording the intraday low of $2.816 at 2:00PM, the March contract settled higher on Tuesday at $2.855. The more heavily traded April Contract followed a similar pattern though, closing roughly two cents lower at $2.796.
This morning in Globex, WTI Crude was up $1.16; Natural Gas was down five cents; Heating Oil was up two cents; and Gasoline was up two cents. Additionally, cash prices were mixed in New York and lower in New England.
Natural Gas Glossary
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