March NYMEX Natural Gas Futures Contract Closed at $2.882 on Monday, February 8th

Monday, February 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.916, nearly five cents above Friday’s closing price of $2.863.  Recording an intraday high of $2.930 within the session’s opening minutes, the contract then trended lower until finding support near $2.885 at 9:30AM.  Falling to an intraday low of $2.844 at 12:20PM, March closed higher on Monday at $2.882.

As of 7:15AM EST this morning in Globex, WTI Crude was unchanged; Natural Gas was down six cents; Heating Oil was up three cents; and Gasoline was down slightly.

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