November NYMEX Natural Gas Futures Contract Closed at $2.339 on Tuesday, October 15th

Market Insights
Natural Gas
Basis
NYMEX
Tuesday, October 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.313, three cents above Monday’s closing price of $2.280.  Falling to the intraday low of $2.291 at 9:10AM and again forty minutes later, prices soon crept higher to reach $2.330 by 11:00AM and $2.340 by midday.  Prepping for the unofficial start of winter as cooler temperatures move east, the contract ascended to an intraday high of $2.348 at 1:40PM.  November closed higher on Tuesday at $2.339.

As of 9:00AM EST this morning in Globex, WTI Crude was up two cents; Natural Gas was up three cents; Heating Oil was up one cent; and Gasoline was down one cent. 
 
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Natural Gas Supplier
                                                                                                 
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