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Market Insights
Natural Gas
Basis
NYMEX
June NYMEX Natural Gas Futures Contract Closed at $2.321 on Tuesday, May 23rd
May 24, 2023
Tuesday, May 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.376, two cents below Monday’s closing price of $2.400. Trading within a three-cent range of $2.360 for the majority of the morning, prices rose to tally the intraday high of $2.400 at 11:15AM. Los ...
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Market Insights
Natural Gas
Basis
NYMEX
June NYMEX Natural Gas Futures Contract Closed at $2.400 on Monday, May 22nd
May 23, 2023
Monday, May 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.487, ten cents below Friday’s closing price of $2.585. Tallying the intraday high of $2.488 within minutes of the opening, as forecasts for early June remain unsupportive, prices dwindled lower thr ...
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Market Insights
Natural Gas
Basis
NYMEX
June NYMEX Natural Gas Futures Contract Closed at $2.585 on Friday, May 19th
May 22, 2023
Friday, May 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.641, five cents above Thursday’s closing price of $2.592. Seeking direction early on, prices traded within an eight-cent range through 9:45AM, marking the intraday low of $2.602 along the way. Weig ...
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Market Insights
Natural Gas
Basis
NYMEX
June NYMEX Natural Gas Futures Contract Closed at $2.592 on Thursday, May 18th
May 19, 2023
Thursday, May 18th saw the front-month NYMEX Natural Gas Futures Contract open at $2.405, four cents above Wednesday’s closing price of $2.365. Slipping to the intraday low of $2.360 ahead of 10:00AM, prices recovered to the $2.390 level ahead of the weekly storage publication. S ...
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Market Insights
Natural Gas
Basis
NYMEX
June NYMEX Natural Gas Futures Contract Closed at $2.365 on Wednesday, May 17th
May 18, 2023
Wednesday, May 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.395, two cents above Tuesday’s closing price of $2.376. Losing ground early on to record the intraday low of $2.322 at 9:30AM, traders seem to be digesting market factors such as declining produ ...
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Market Insights
Natural Gas
Basis
NYMEX
June NYMEX Natural Gas Futures Contract Closed at $2.376 on Tuesday, May 16th
May 17, 2023
Tuesday, May 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.418, four cents above Monday’s closing price of $2.375. Ascending to a one-month intraday high of $2.470 by 9:45AM, prices then stabilized to trade along $2.440 through 11:30AM. With Alberta’s wil ...
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Market Insights
Natural Gas
Basis
NYMEX
June NYMEX Natural Gas Futures Contract Closed at $2.375 on Monday, May 15th
May 16, 2023
Monday, May 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.355, nine cents above Friday’s closing price of $2.266. Trading within a tight band along either side of $2.380 for the majority of the day, last week’s news of a decline in active drilling rigs pr ...
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Market Insights
Natural Gas
Basis
NYMEX
June NYMEX Natural Gas Futures Contract Closed at $2.266 on Friday, May 12th
May 15, 2023
Friday, May 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.171, two cents below Thursday’s closing price of $2.190. Recording the intraday low of $2.160 within minutes of the open, prices rose to trade within a tight band near $2.215 through midday. Surgin ...
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Market Insights
Natural Gas
Basis
NYMEX
June NYMEX Natural Gas Futures Contract Closed at $2.190 on Thursday, May 11th
May 12, 2023
Thursday, May 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.176, three cents below Wednesday’s closing price of $2.191. Ascending to trade along the $2.200 level leading up to 10:30AM, prices forged higher after the weekly publication hit the wire. Peakin ...
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Market Insights
Natural Gas
Basis
NYMEX
June NYMEX Natural Gas Futures Contract Closed at $2.191 on Wednesday, May 10th
May 11, 2023
Wednesday, May 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.223, three cents below Tuesday’s closing price of $2.267. Losing ground early on, prices retreated to the intraday low of $2.160 by 10:45AM. Ascending over the next ninety minutes to tally the i ...
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