April NYMEX Natural Gas Futures Contracts Closed at $2.784 on Tuesday, March 12th

Tuesday, March 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.755, roughly two cents below Monday’s closing price of $2.772.  Rising from the intraday low of $2.754 as markets opened, prices stabilized near $2.770 through the morning and persisted into the early afternoon.  Despite above-average temperatures scheduled to arrive today, the contract jumped to the intraday high of $2.798 at 1:40PM and proceeded to close higher on Tuesday at $2.784.

This morning in Globex, WTI Crude was up 68 cents; Natural Gas was down one cent; Heating Oil was unchanged; and Gasoline was up two cents.  
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