April NYMEX Natural Gas Futures Contracts Closed at $2.675 on Tuesday, March 20th

Tuesday, March 20th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.668, nearly two cents above Monday’s closing price of $2.651.  Finding value in short-term below average temperatures, and perhaps aided by the upcoming nor’easter, prices rose steadily through the morning.  Peaking at the intraday high of $2.695 shortly after midday, selling took hold for the balance of the day as April closed higher on Tuesday at $2.675.

This morning in Globex, WTI Crude was up 54 cents; Natural Gas was up two cents; Heating Oil was up two cents; and, Gasoline was up two cents.  

Natural Gas Glossary
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