May NYMEX Natural Gas Futures Contracts Closed at $2.739 on Friday, April 20th

Market Insights
Natural Gas
Basis
NYMEX
April 23, 2018
Friday, April 20th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.676, nearly two cents above Thursday’s closing price of $2.661.  Rising confidently as trading opened, prices rose to $2.718 shortly after 10:00AM and marked the intraday high of $2.746 by 12:20PM.  Supported by short covering, May traded steadily along $2.735 into the afternoon, closing higher on Friday at $2.739.

This morning in Globex, WTI Crude was down 99 cents; Natural Gas was down three cents; Heating Oil was down two cents; and, Gasoline was down two cents.  
 
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