September 4, 2018
Friday, August 31
st saw the front-month NYMEX Natural Gas Futures open at $2.912, nearly four cents above Thursday’s closing price of $2.874. Posting gains early on as prices rose to the intraday high of $2.931 ahead of 10:30AM, such activity suggests short covering as weather for much of the northeast looks bearish in the short term. Seesawing along $2.915 heading into the afternoon, October closed higher on Friday at $2.916.
The NYMEX was closed on Monday, September 3
rd in observation of the Labor day holiday.
This morning in Globex, WTI Crude was up $1.45; Natural Gas was down six cents; Heating Oil up six cents; and, Gasoline was up five cents.
Natural Gas Glossary
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