November NYMEX Natural Gas Futures Contract Closed at $2.272 on Tuesday, October 22nd

Market Insights
Natural Gas
October 23, 2019
Tuesday, October 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.254, nearly two cents above Monday’s closing price of $2.238.  Falling slightly to an intraday low of $2.247 minutes after 9:00AM, prices were quick to move higher to reclaim the previous session’s losses.  Ascending past $2.290 by 10:00AM, the contract settled-in along this mark until jumping to the intraday high of $2.311 shortly after midday.  November closed higher on Tuesday at $2.272.

As of 8:40AM EST this morning in Globex, WTI Crude was down 59 cents; Natural Gas was up two cents; Heating Oil was down two cents; and Gasoline was down one cent. 

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