April NYMEX Natural Gas Futures Contract Closed at $2.484 on Monday, March 15th

Market Insights
Natural Gas
March 16, 2021
Monday, March 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.535, almost seven cents below Friday’s closing price of $2.600. Prices would reach their intraday high moments after open, spiking to $2.545 at 9:00AM. After reaching the early high, prices dropped steadily to the intraday low point of $2.487 at 11:30AM. From this low point, prices entered a brief recovery period, before dropping again and closing out the day at $2.484.

As of 9:15AM EST this morning in Globex, WTI Crude was down one dollar and forty cents; Natural Gas was up one cent; Heating Oil was down three cents; and Gasoline was down two cents.

 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 natgas@spragueenergy.com or call 1-855-466-2842.