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Market Insights
Natural Gas
Basis
NYMEX
November NYMEX Natural Gas Futures Contracts Closed at $3.143 on Friday, October 5th
October 8, 2018
Friday, October 5th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.196, three cents above Thursday’s closing price of $3.165. Climbing to the intraday high of $3.215 ten minutes after markets opened, prices quickly cascaded lower as forecasts showed above-ave ...
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Market Insights
Natural Gas
Basis
NYMEX
November NYMEX Natural Gas Futures Contracts Closed at $3.230 on Wednesday, October 3rd
October 4, 2018
Wednesday, October 3rd saw the front-month NYMEX Natural Gas Futures Contracts open at $3.192, nearly three cents above Tuesday’s closing price of $3.166. A momentary drop to the intraday low of $3.175 as markets opened then saw prices shoot higher to continue this week’s rally. ...
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Market Insights
Natural Gas
Basis
NYMEX
November NYMEX Natural Gas Futures Contracts Closed at $3.166 on Tuesday, October 2nd
October 3, 2018
Tuesday, October 2nd saw the front-month NYMEX Natural Gas Futures Contracts open at $3.113, two cents above Monday’s closing price of $3.094. Buoyed overnight as Monday’s weather forecasts continue to impress, prices shot higher through the morning to $3.190 and reached a fresh ...
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Market Insights
Natural Gas
Basis
NYMEX
November NYMEX Natural Gas Futures Contracts Closed at $3.008 on Friday, September 28th
October 1, 2018
Friday, September 28th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.994, roughly six cents below Thursday’s closing price of $3.056. Returning Thursday’s gains overnight, prices reflected a reevaluation of current demand and short-term weather forecasts. A ...
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Market Insights
Natural Gas
Basis
NYMEX
November NYMEX Natural Gas Futures Contracts Closed at $3.056 on Thursday, September 27th
September 28, 2018
On Thursday, September 27th –the November NYMEX Natural Gas Futures Contracts began trading as the prompt month. Opening at $2.993, above Wednesday’s closing price of $2.980, prices rose to the $3.02 level ahead of the 10:30AM storage publication. Jumping above $3.065 as market ...
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Market Insights
Natural Gas
Basis
NYMEX
November NYMEX Natural Gas Futures Contracts Closed at $2.980 on Wednesday, September 26th
September 27, 2018
On Wednesday, September 26th – settlement day for the October contract – the front-month NYMEX Natural Gas Futures Contracts opened at $3.072, a penny below Tuesday’s closing price of $3.082. Trading upward to the intraday high of $3.088 by 11:20AM, revised short-term forecasts ...
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Market Insights
Natural Gas
Basis
NYMEX
October NYMEX Natural Gas Futures Contracts Closed at $3.082 on Tuesday, September 25th
September 26, 2018
Tuesday, September 25th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.054, nearly two cents above Monday’s closing price of $3.038. Maintaining fundamental support from weather forecasts and expected increase in demand, a brief stumble to the intraday low of ...
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Market Insights
Natural Gas
Basis
NYMEX
October NYMEX Natural Gas Futures Contracts Closed at $3.038 on Monday, September 24th
September 25, 2018
Monday, September 24th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.996, two cents above Friday’s closing price of $2.977. Boosted higher by forecasts for seasonal fall weather combined with the continued inventory shortage, prices surpassed $3.020 by 9:30A ...
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Market Insights
Natural Gas
Basis
NYMEX
October NYMEX Natural Gas Futures Contracts Closed at $2.977 on Friday, September 21st
September 24, 2018
Friday, September 21st saw the front-month NYMEX Natural Gas Futures Contracts open at $2.958, two cents below Thursday’s closing price of $2.976. Building upon Thursday’s rally, which was in part due to short covering after the EIA storage was largely in line with expectations, ...
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Market Insights
Natural Gas
Basis
NYMEX
October NYMEX Natural Gas Futures Contracts Closed at $2.976 on Thursday, September 20th
September 21, 2018
Thursday, September 20th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.917, a penny above Wednesday’s closing price of $2.908. Trading within a tight band near $2.920 through 10:00AM, the contract shed a penny as the weekly storage report drew near. Sinking ...
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