January NYMEX Natural Gas Futures Contract Closed at $2.591 on Friday, December 11th

Friday, December 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.599, five cents above Thursday’s closing price $2.553.  Trading within three cents of $2.595 for the duration of the session, prices rose to an intraday high of $2.630 at midday and fell to an intraday low of $2.566 at 2:10PM.  Continuing the previous day’s storage and weather induced rally, January closed higher on Friday at $2.591, up nearly 1% on the week.

As of 7:15AM EST this morning in Globex, WTI Crude was up 43 cents; Natural Gas was up 12 cents; Heating Oil was up one cent; and Gasoline was up one cent.

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