November NYMEX Natural Gas Futures Contract Closed at $2.520 on Tuesday, October 6th

Market Insights
Natural Gas
Basis
NYMEX
October 7, 2020
Tuesday, October 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.635, two cents above Monday’s closing price of $2.615.  Tallying an intraday high of $2.650 within minutes of the opening bell, the contract fought to maintain the $2.600 level through 11:30AM.  Trailing lower into the afternoon, as weather forecasts remain bearish, prices fell to an intraday low of $2.514 ahead of 2:30PM.  November closed lower on Tuesday at $2.520

As of 8:40AM EST this morning in Globex, WTI Crude was down 61 cents; Natural Gas was up eight cents; Heating Oil was down two cents; and Gasoline was down three cents.

Natural Gas Glossary
Natural Gas Supplier
                                                                                                       
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