October 1, 2019
Monday, September 30
th saw the front-month NYMEX Natural Gas Futures Contract open at $2.342, six cents below Friday’s closing price of $2.404. Falling to $2.331 shortly after the opening bell, prices rose to an intraday high of $2.363 forty minutes later. Trading within a one-cent range of $2.340 for the majority of the day, markets seem to still be fighting of the effects from last week’s larger than anticipated injection, while also gauging short term forecasts. November fell to an intraday low of $2.324 before closing lower on Monday $2.330.
As of 8:50AM EST this morning in Globex, WTI Crude was up 57 cents; Natural Gas was down one cent; Heating Oil was up two cents; and Gasoline was up two cents.
Natural Gas Glossary
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