November 8, 2022
Monday, November 7
th saw the December NYMEX Natural Gas Futures Contract open at $6.947, fifty-five cents above Friday’s closing price of $6.400. Spanning more than a thirty-cent range throughout the day, prices rose to tally a six-week intraday high of $7.221 at 11:15AM as supportive weather forecasts grew more confident. Marking the intraday low of $6.860 at 2:05PM, December closed higher on Monday at $6.944.
As of 6:50AM EST this morning in Globex, WTI Crude was down 81 cents; Natural Gas was down 38 cents; Heating Oil was up slightly; and Gasoline was down one cent.
Natural Gas Glossary
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