April NYMEX Natural Gas Futures Contract Closed at $1.653 on Tuesday, March 24th

Tuesday, March 24th saw the front-month NYMEX Natural Gas Futures Contract open at $1.668, six cents above Monday’s closing price of $1.602.  Trading gradually higher to an intraday high of $1.676 by 9:30AM, prices traded within two cents of $1.660 through the morning hours.  Sinking to $1.640 soon after midday, as market conditions remain uncertain due to the Coronavirus epidemic, the contract fell to an intraday low of $1.628 at 2:00PM. April rallied finish the day, closing higher on Tuesday at $1.653.

As of 8:15AM EST this morning in Globex, WTI Crude was down 49 cents; Natural Gas was up two cents; Heating Oil was unchanged; and Gasoline was up two cents.

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