November NYMEX Natural Gas Futures Contract Closed at $2.741 on Friday, October 9th

Market Insights
Natural Gas
Basis
NYMEX
October 12, 2020
Friday, October 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.744, twelve cents above Thursday’s closing price of $2.627.  Ascending to an intraday high of $2.821 by 10:20AM as Hurricane Delta threatened in the Gulf of Mexico, prices slowly descended into the afternoon.  Falling to an intraday low of $2.725 at 2:00PM, November closed higher on Friday at $2.741.

As of 7:30AM EST this morning in Globex, WTI Crude was down 52 cents; Natural Gas was up 13 cents; Heating Oil was down two cents; and Gasoline was down two 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.