October 14, 2019
Friday, October 11
th saw the front-month NYMEX Natural Gas Futures Contract open at $2.213, just below Thursday’s closing price of $2.218. Tumbling to an intraday low of $2.187 by 9:30AM, prices shot higher in the following ninety minutes to record and intraday high of $2.262. Coming down from this ascent to stabilize near $2.225, the contract traded sideways for the balance of the day as uncertain weather reports have kept traders waiting for the start of wintry weather. November closed marginally lower on Friday at $2.214.
As of 8:40AM EST this morning in Globex, WTI Crude was down $1.12; Natural Gas was up eight cents; Heating Oil was down three cents; and Gasoline was down three cents.
Natural Gas Glossary
Natural Gas Supplier
For access to Sprague’s full Natural Gas Market Watch Report including commentary not posted here, please send your request to
natgas@spragueenergy.com or call 1-855-466-2842.
This market update is provided for information purposes only and is not intended as advice on any transaction nor is it a solicitation to buy or sell commodities. Sprague makes no representations or warranties with respect to the contents of such news, including, without limitation, its accuracy and completeness, and Sprague shall not be responsible for the consequence of reliance upon any opinions, statements, projections and analyses presented herein or for any omission or error in fact. The views expressed in this material are through the period as of the date of this report and are subject to change based on market and other conditions. This document contains certain statements that may be deemed forward-looking statements. Please note that any such statements are not guarantees of any future performance or results and actual results or developments may differ materially from those projected. The whole or any part of this work may not be reproduced, copied, or transmitted or any of its contents disclosed to third parties without Sprague’s express written consent.