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Market Insights
Natural Gas
Basis
NYMEX
August NYMEX Natural Gas Futures Contracts Closed at $2.828 on Monday, July 9th
July 10, 2018
Monday, July 9th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.841, nearly two cents below Friday’s closing price of $2.858. Fluctuating within a three-cent range as markets opened, the contract jumped to the intraday high of $2.861 before trending lower int ...
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Market Insights
Natural Gas
Basis
NYMEX
August NYMEX Natural Gas Futures Contracts Closed at $2.858 on Friday, July 6th
July 9, 2018
Friday, July 6th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.843, slightly above Thursday’s closing price of $2.837. Declining initially to slip below $2.835, prices then rose to recapture the $2.845 mark ahead of the weekly storage report at 10:30AM. Sin ...
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Market Insights
Natural Gas
Basis
NYMEX
August NYMEX Natural Gas Futures Contracts Closed at $2.837 on Thursday, July 5th
July 6, 2018
Thursday, July 5th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.877, slightly above Tuesday’s closing price of $2.870, as the NYMEX closed Wednesday in observance of the Independence Day holiday. Recording the intraday high of $2.879 out of the gate, a brie ...
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Market Insights
Natural Gas
Basis
NYMEX
August NYMEX Natural Gas Futures Contracts Closed at $2.870 on Tuesday, July 3rd
July 5, 2018
Tuesday, July 3rd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.863, nearly even to Monday’s closing price of $2.862. Descending to the intraday low of $2.852 minutes after the day’s session opened, oversold sentiments soon drove the contract upward. Tradin ...
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Market Insights
Natural Gas
Basis
NYMEX
August NYMEX Natural Gas Futures Contracts Closed at $2.855 on Monday, July 2nd
July 3, 2018
Monday, July 2nd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.879, more than four cents below Friday’s closing price of $2.924. Stepping gradually lower as markets opened, prices fell to a five-week intraday low of $2.852 by 11:30AM. Despite increased cool ...
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Market Insights
Natural Gas
Basis
NYMEX
August NYMEX Natural Gas Futures Contracts Closed at $2.924 on Friday, June 29th
July 2, 2018
Friday, June 29th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.915, more than two cents below Thursday’s closing price of $2.940. In defiance of the expected above-average forecasted temperatures and storage levels that continue to sit nearly 20% below the ...
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Market Insights
Natural Gas
Basis
NYMEX
August NYMEX Natural Gas Futures Contracts Closed at $2.940 on Thursday, June 28th
June 29, 2018
On Thursday, June 28th – the August NYMEX Natural Gas Futures Contracts began trading as the prompt month. Opening at $2.997, nearly two cents above Wednesday’s closing price of $2.981, prices rose steadily through 10:30AM to reach a two-week intraday high of $3.021. Crashing ...
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Market Insights
Natural Gas
Basis
NYMEX
July NYMEX Natural Gas Futures Contracts Closed at $2.996 on Wednesday, June 27th
June 28, 2018
On Wednesday, June 27th – settlement day for the July Contract — the front-month NYMEX Natural Gas Futures Contracts opened at $2.999, six cents above Tuesday’s closing price of $2.939. In a relatively quiet trading day, prices fluctuated within a near five-cent range. Moving b ...
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Market Insights
Natural Gas
Basis
NYMEX
July NYMEX Natural Gas Futures Contracts Closed at $2.939 on Tuesday, June 26th
June 27, 2018
Tuesday, June 26th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.918, just below Monday’s closing price of $2.921. Rallying from the intraday low of $2.907 early on, the contract rose steadily throughout the day as above average forecasts apply bullish press ...
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Market Insights
Natural Gas
Basis
NYMEX
July NYMEX Natural Gas Futures Contracts Closed at $2.921 on Monday, June 25th
June 26, 2018
Monday, June 25th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.904, four cents below Friday’s closing price of $2.945. Marking the intraday low of $2.900 minutes after markets opened, the contract mounted an unsteady ascent through the morning to reach an i ...
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