August NYMEX Natural Gas Futures Contracts Closed at $2.782 on Friday, July 27th

On Friday, July 27th – settlement day for the August Contract —the front-month NYMEX Natural Gas Futures Contracts opened at $2.805, three cents above Thursday’s closing price of $2.773.  Unsettled trading early on saw the contract jump to either side of $2.805, sustaining Thursday’s storage induced momentum.  Climbing to the intraday high of $2.831 at 2:10PM, the August contract settled higher on Friday at $2.822.  The more actively traded September contract closed two cents higher at $2.782.

This morning in Globex, WTI Crude was up $1.40; Natural Gas was unchanged; Heating Oil was up one cent; and, Gasoline was up one cent.  Additionally, cash prices were lower in New York and New England.
Natural Gas Glossary
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