April 20, 2020
Friday, April 17
th saw the front-month NYMEX Natural Gas Futures Contract open at $1.749, six cents above Thursday’s closing price of $1.686. Continuing the previous session’s momentum, prices surged to an intraday high of $1.806 by 9:30AM. Withdrawing to trade along either side of $1.780 in the subsequent two hours, the contract slipped downward near midday to record an intraday low of $1.736. Posting a second failed rally throughout the afternoon, May closed higher on Friday at $1.753.
As of 7:50AM EST this morning in Globex, WTI Crude was down $6.93; Natural Gas was down four cents; Heating Oil was down three cents; and Gasoline was down one cent.
Natural Gas Glossary
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