December NYMEX Natural Gas Futures Contract Closed at $2.949 on Tuesday, November 10th

Market Insights
Natural Gas
November 11, 2020
Tuesday, November 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.895, four cents above Monday’s closing price $2.859.  Slipping to an intraday low of $2.855 soon after the opening bell, prices then surged higher as moderately cooler temperatures have returned to the forecast.  Ascending to reach $2.970 by 10:00AM, the contract rose to an intraday high of $3.012 just after midday.  Settling in near $2.955 for the remainder of the session, December closed higher on Tuesday at $2.949.

As of 7:30AM EST this morning in Globex, WTI Crude was up $1.03; Natural Gas was down one cent; Heating Oil was up three cents; and Gasoline was up 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 or call 1-855-466-2842.