September NYMEX Natural Gas Futures Contract Closed at $1.833 on Thursday, July 30th

Thursday, July 30th saw the front-month NYMEX Natural Gas Futures Contract open at $1.889, 4 cents below Wednesday’s closing price of $1.937. Prices quickly jumped to an intraday high of $1.905 at 9:10AM. After reaching the daily high, prices began a measured and consistent descent towards their intraday low of $1.818 at 2:00PM, before finally closing at $1.833.

As of 9:00AM EST this morning in Globex, WTI Crude was up 33 cents; Natural Gas was up 2 cents; Heating Oil was up 1 cent; and Gasoline was down 1 cent.

New York and New England basis values were higher for all seasons. Additionally, cash prices were down in New York and New England.

Natural Gas Glossary
Natural Gas Supplier
For access to Sprague’s full Natural Gas Market Watch Report including commentary not posted here, please send your request to or call 1-855-466-2842.

This market update is provided for information purposes only and is not intended as advice on any transaction nor is it a solicitation to buy or sell commodities. Sprague makes no representations or warranties with respect to the contents of such news, including, without limitation, its accuracy and completeness, and Sprague shall not be responsible for the consequence of reliance upon any opinions, statements, projections and analyses presented herein or for any omission or error in fact. The views expressed in this material are through the period as of the date of this report and are subject to change based on market and other conditions. This document contains certain statements that may be deemed forward-looking statements. Please note that any such statements are not guarantees of any future performance or results and actual results or developments may differ materially from those projected. The whole or any part of this work may not be reproduced, copied, or transmitted or any of its contents disclosed to third parties without Sprague’s express written consent.