October NYMEX Natural Gas Futures Contracts Closed at $2.776 on Friday, September 7th

Market Insights
Natural Gas
Basis
NYMEX
September 10, 2018
Friday, September 7th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.776, just above Thursday’s closing price of $2.772.  Dropping to the intraday low of $2.759 by 9:30AM, the contract traded within a tight band along either side of $2.770 for the majority of the day.  With little change to production and weather forecasts remaining steady, October notched an intraday high of $2.781 before closing slightly higher on Friday at $2.776.

This morning in Globex, WTI Crude was up 37 cents; Natural Gas was unchanged; Heating Oil was up one cent; and, Gasoline was up one cent.
 
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