July NYMEX Natural Gas Futures Contracts Closed at $2.930 on Monday, June 4th

Market Insights
Natural Gas
Basis
NYMEX
Monday, June 4th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.968, slightly above Friday’s closing price of $2.962.  Slipping lower as markets opened in response to comfortable temperatures covering much of the northeast, prices were trading near $2.945 by midday.  Posting a choppy descent for the balance of the day, July closed lower on Monday at $2.930.

This morning in Globex, WTI Crude was down 33 cents; Natural Gas was down one cent; Heating Oil was down three cents; and, Gasoline was down three cents.  
 
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