{"id":1961,"date":"2020-10-29T04:00:00","date_gmt":"2020-10-29T04:00:00","guid":{"rendered":"https:\/\/spragueoperati.wpenginepowered.com\/december-nymex-natural-gas-futures-contract-closed-at-3-291-on-wednesday-october-28th\/"},"modified":"2020-10-29T04:00:00","modified_gmt":"2020-10-29T04:00:00","slug":"december-nymex-natural-gas-futures-contract-closed-at-3-291-on-wednesday-october-28th","status":"publish","type":"post","link":"https:\/\/www.spragueenergy.com\/fr\/december-nymex-natural-gas-futures-contract-closed-at-3-291-on-wednesday-october-28th\/","title":{"rendered":"December NYMEX Natural Gas Futures Contract Closed at $3.291 on Wednesday, October 28th"},"content":{"rendered":"<p>Wednesday, October 28<sup>th<\/sup> &ndash; settlement day for the November contract &mdash; saw the front-month NYMEX Natural Gas Futures Contract settle at $2.996, below Tuesday&rsquo;s closing price $3.019. &nbsp;The more heavily traded December contract opened at $3.302, a penny below Tuesday&rsquo;s closing price of $3.311.&nbsp; Reaching an intraday high of $3.324 within minutes of 9:00AM, the contract trading along either side of $3.295 for the majority of the day. Falling to an intraday low of $3.274 at 1:30PM, the December contract closed lower on Wednesday at $3.291.<\/p>\n<p>The EIA Natural Gas Storage Report is due out at 10:30AM today. The report is expected to show a 46 BCF injection to storage for the week ended October 23<sup>rd<\/sup>. This compares to an 89 BCF injection at this time last year and a five-year average injection amount of 67 BCF.<\/p>\n<p>As of 6:55AM EST this morning in Globex, WTI Crude was down $1.27; Natural Gas was down four cents; Heating Oil was down two cents; and Gasoline was down two cents.<\/p>\n<p><a href=\"https:\/\/www.spragueenergy.com\/fr\/energy-explained\/natural-gas-glossary\/\">Natural Gas Glossary<\/a><br \/>\n<a href=\"https:\/\/www.spragueenergy.com\/fr\/natural-gas\/\">Natural Gas Supplier<\/a><br \/>\n&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br \/>\nFor access to Sprague&rsquo;s full Natural Gas Market Watch Report including commentary not posted here, please send your request to <a href=\"mailto:natgas@spragueenergy.com\">natgas@spragueenergy.com<\/a> or call 1-855-466-2842.<br \/>\n&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>Wednesday, October 28th &ndash; settlement day for the November contract &mdash; saw the front-month NYMEX Natural Gas Futures Contract settle at $2.996, below Tuesday&rsquo;s closing price $3.019. &nbsp;The more heavily [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"sfsi_plus_gutenberg_text_before_share":"","sfsi_plus_gutenberg_show_text_before_share":"","sfsi_plus_gutenberg_icon_type":"","sfsi_plus_gutenberg_icon_alignemt":"","sfsi_plus_gutenburg_max_per_row":"","footnotes":""},"categories":[25,1,24,22],"tags":[],"class_list":["post-1961","post","type-post","status-publish","format-standard","hentry","category-basis","category-market-insights","category-natural-gas","category-nymex"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - 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