August 15, 2018
Tuesday, August 14
th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.952, two cents above Monday’s closing price of $2.930. Battling to reclaim Monday’s losses, prices rose to $2.965 by 9:30AM and trended gradually higher into the morning. Rising to $2.974 at 11:20AM and midday, the highest intraday mark seen since late June, concerns over low storage totals this late in the injection season continue to provide support. Stepping lower into the afternoon, September closed higher on Tuesday at $2.959.
This morning in Globex, WTI Crude was down 69 cents; Natural Gas was down two cents; Heating Oil was down one cent; and, Gasoline was unchanged.
Natural Gas Glossary
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