April NYMEX Natural Gas Futures Contracts Closed at $2.874 on Tuesday, March 19th

Tuesday, March 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.888, nearly four cents above Monday’s closing price of $2.850.  In another uneventful day of trading, prices swooped lower to trade along either side of $2.860 ahead of 10:00AM.  With many traders awaiting Thursday’s storage report and others waiting out the uncertainty of the current market, the contract mounted a cautious ascent as the day drew on, as April closed higher on Tuesday at $2.874.

As of 8:40AM this morning in Globex, WTI Crude was down 60 cents; Natural Gas was down four cents; Heating Oil was down one cent; and Gasoline was down one cent.  

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