July NYMEX Natural Gas Futures Contracts Closed at $2.890 on Tuesday, June 5th

Tuesday, June 5th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.910, two cents below Monday’s closing price of $2.930.  Posting a momentary jump to the intraday high of $2.912 as markets opened, prices soon cascaded downward to mark the intraday low of $2.875 ten minutes later.  Fluctuating within a penny of the $2.89 mark for the balance of the day, July closed lower at $2.890 on Tuesday as bearish weather continues to sap demand.

This morning in Globex, WTI Crude was down 46 cents; Natural Gas was down one cent; Heating Oil was down one cent; and, Gasoline was down two cents.  

Natural Gas Glossary
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