{"id":886,"date":"2018-03-09T05:00:00","date_gmt":"2018-03-09T05:00:00","guid":{"rendered":"https:\/\/spragueoperati.wpenginepowered.com\/april-nymex-natural-gas-futures-contracts-closed-at-2-756\/"},"modified":"2018-03-09T05:00:00","modified_gmt":"2018-03-09T05:00:00","slug":"april-nymex-natural-gas-futures-contracts-closed-at-2-756","status":"publish","type":"post","link":"https:\/\/www.spragueenergy.com\/fr\/april-nymex-natural-gas-futures-contracts-closed-at-2-756\/","title":{"rendered":"April NYMEX Natural Gas Futures Contracts Closed at $2.756"},"content":{"rendered":"<p>Thursday, March 8<sup>th <\/sup>saw the front-month NYMEX Natural Gas Futures Contracts open at $2.782, slightly above Wednesday&rsquo;s closing price of $2.777.&nbsp; Posting notable losses through the session&rsquo;s opening hour, prices fell to the intraday low of $2.737 by 9:50AM as previously expected below-average temperatures are now in question.&nbsp; Reclaiming the $2.75 mark ahead of the weekly storage publication, a brief uptick as the report hit the wire quickly subsided. &nbsp;The contract arced modestly higher near $2.765 into the afternoon as April closed lower on Thursday at $2.756.<\/p>\n<p>The EIA Natural Gas Storage Report published on Thursday showed a 57 BCF withdrawal from storage for the week ended March 2<sup>nd<\/sup> &ndash; just below the market estimate of 60 BCF. &nbsp;Total working gas in storage was reported as 1,625 BCF; 29.5% below this time last year and 15.6% below the five-year average.<\/p>\n<p>This morning in Globex, WTI Crude was up 62 cents; Natural Gas was down three cents; Heating Oil was up two cents; and, Gasoline was up two cents. &nbsp;<\/p>\n<p>&nbsp;<br \/>\n<a href=\"https:\/\/www.spragueenergy.com\/fr\/energy-explained\/natural-gas-glossary\/\">Natural Gas Glossary<\/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;<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>Thursday, March 8th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.782, slightly above Wednesday&rsquo;s closing price of $2.777.&nbsp; Posting notable losses through the session&rsquo;s opening hour, prices [&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-886","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 v27.4) - 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