February NYMEX Natural Gas Futures Contracts Closed at $3.482 on Friday, January 18th

Friday, January 18th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.246, nearly seventeen cents below Thursday’s closing price of $3.413.  Falling to the intraday low of $3.201 as markets opened, prices then began an upward crawl as traders continued to evaluate Thursday’s storage withdrawal and impending swaths of frigid temperatures.  Surpassing the $3.30 mark by midday, the afternoon boasted confident gains as February reached an intraday high of $3.499 before closing at $3.482 on Friday.

Markets will be closed today, Monday January 21, 2019 in observance of Martin Luther King Jr. Day.

This morning in Globex, WTI Crude was up 12 cents; Natural Gas was down 15 cents; Heating Oil was unchanged; and Gasoline was down slightly.
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