May NYMEX Natural Gas Futures Contract Closed at $2.590

Monday, April 15th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.626, roughly three cents below Friday’s closing price of $2.660.  Trending lower out of the gate, prices seesawed along $2.610 through midday before falling further.  Testing lows last seen in mid-February, May fell to an intraday low of $2.587 ahead of 2:30PM, closing lower of Monday at $2.590.

As of 8:40AM EST this morning in Globex, WTI Crude was up 29 cents; Natural Gas was unchanged; Heating Oil was up one cent; and Gasoline was down one cent.  

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