July NYMEX Natural Gas Futures Contract Closed at $3.128 on Tuesday, June 8th

Market Insights
Natural Gas
June 9, 2021
Tuesday, June 8th saw the front-month NYMEX Natural Gas Futures Contract open at $3.161, nine cents above Monday’s closing price of $3.070.  Posting gains early on to reach an intraday high of $3.198 at 9:40AM, updated weather models have introduced additional cooling days into the forecast.  Crossing midday near $3.183, prices trended lower into the afternoon and tallied an intraday low of $3.119 ahead of closing.  July closed higher on Tuesday at $3.128.

As of 7:55AM EST this morning in Globex, WTI Crude was up 37 cents; Natural Gas was down one cent; Heating Oil was up one cent; and Gasoline was up one cent.
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