May NYMEX Natural Gas Futures Contract Closed at $2.561 on Monday, April 12th

Monday, April 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.583, six cents above Friday’s closing price of $2.526.  Ascending to an intraday high of $2.599 within minutes of 9:00AM, the contract found an intraday low of $2.531 an hour later.  Trading along either side of $2.555 for the balance of the session, weather forecasts are keeping traders on their toes as demand wanes.  May closed higher on Monday at $2.561.

As of 6:30AM EST this morning in Globex, WTI Crude was up 61 cents; Natural Gas was down one cent; Heating Oil was up one cent; and Gasoline was up one cent.
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