April 4, 2023
Monday, April 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.113, ten cents below Friday’s closing price of $2.216. Ascending to the intraday high of $2.160 by 9:15AM, bulls had exhausted their efforts as forecasts made a convincingly bearish shift over the weekend. Falling to the intraday low of $2.077 at 11:30AM, prices fluctuated along the $2.100 level for the balance of the day. May closed lower on Monday at $2.097.
As of 6:35AM EST this morning in Globex, WTI Crude was up 72 cents; Natural Gas was up one cent; Heating Oil was up three cents; and Gasoline was up two cents.
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