April NYMEX Natural Gas Futures Contracts Closed at $2.704 on Monday, March 5th

Market Insights
Natural Gas
March 6, 2018
Monday, March 5th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.712, nearly two cents above Friday’s closing price of 2.695.  After recovering from overnight trading that saw prices dip below $2.680, short-term demand fueled by below-average temperatures was offset by the fleeting heating season.  Seesawing along $2.710 through midday, prices fell to the intraday low of $2.686 at 12:40PM though quickly recovered.  April closed slightly higher on Monday at $2.704.

This morning in Globex, WTI Crude was up 52 cents; Natural Gas was up three cents; Heating Oil was up one cent; and, Gasoline was up slightly.  

Natural Gas Glossary
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.