April NYMEX Natural Gas Futures Contract Closed at $2.562 on Tuesday, March 16th

Market Insights
Natural Gas
March 17, 2021
Tuesday, March 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.503, a penny above Monday’s closing price of $2.492.  Slipping to an intraday low of $2.494 as markets opened, prices rose to $2.525 by 9:30AM and $2.520 by midday.  Ascending to an intraday high of $2.566 ahead of 2:30PM, April closed higher on Tuesday at $2.562.

As of 7:30AM EST this morning in Globex, WTI Crude was down 58 cents; Natural Gas was down two cents; Heating Oil was down two cents; and Gasoline was down three 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.