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Market Insights
Natural Gas
Basis
NYMEX
September NYMEX Natural Gas Futures Contract Closed at $2.497 on Wednesday, August 23rd
August 24, 2023
Wednesday, August 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.574, slightly above Tuesday’s closing price of $2.560. Ascending to the intraday high of $2.590 within minutes of the open, the contract then trended lower as forecasts remained bearish, and ...
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Market Insights
Natural Gas
Basis
NYMEX
September NYMEX Natural Gas Futures Contract Closed at $2.560 on Tuesday, August 22nd
August 23, 2023
Tuesday, August 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.579, five cents below Monday’s closing price of $2.632. Ascending to the intraday high of $2.636 at 10:00AM, prices then pulled back as the latest weather models showed easing cooling demand fr ...
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Market Insights
Natural Gas
Basis
NYMEX
September NYMEX Natural Gas Futures Contract Closed at $2.632 on Monday, August 21st
August 22, 2023
Monday, August 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.618, nearly seven cents above Friday’s closing price of $2.551. Trading sideways along either side of the $2.620 level for the majority of the day, price marked an intraday low of $2.582 at 10:2 ...
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Market Insights
Natural Gas
Basis
NYMEX
September NYMEX Natural Gas Futures Contract Closed at $2.551 on Friday, August 18th
August 21, 2023
Friday, August 18th saw the front-month NYMEX Natural Gas Futures Contract open at $2.533, nine cents below Thursday’s closing price of $2.621. Slipping to the intraday low of $2.524 within minutes of the open, prices then shot up to the intraday high of $2.599 by 9:35AM. Already ...
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Market Insights
Natural Gas
Basis
NYMEX
September NYMEX Natural Gas Futures Contract Closed at $2.621 on Thursday, August 17th
August 18, 2023
Thursday, August 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.627, nearly four cents above Wednesday’s closing price of $2.592. Ascending to the intraday high of $2.670 at 10:00AM, prices were hovering near $2.650 as the weekly storage publication releas ...
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Market Insights
Natural Gas
Basis
NYMEX
September NYMEX Natural Gas Futures Contract Closed at $2.592 on Wednesday, August 16th
August 17, 2023
Wednesday, August 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.631, three cents below Tuesday’s closing price of $2.659. Once again marking the intraday high within minutes of the open, prices retreated from the opening mark as cooling demand is forecast ...
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Market Insights
Natural Gas
Basis
NYMEX
September NYMEX Natural Gas Futures Contract Closed at $2.659 on Tuesday, August 15th
August 16, 2023
Tuesday, August 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.722, seven cents below Monday’s closing price of $2.795. Marking the intraday high of $2.722 soon after the opening bell, the contract pulled back in response to a bearish shift in short-term f ...
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Market Insights
Natural Gas
Basis
NYMEX
September NYMEX Natural Gas Futures Contract Closed at $2.795 on Monday, August 14th
August 15, 2023
Monday, August 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.785, nearly two cents above Friday’s closing price of $2.770. Posting a shaky ascent to an intraday high of $2.801 by 9:45AM, the contract proceeded to chop around the $2.770 level throughout th ...
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Market Insights
Natural Gas
Basis
NYMEX
September NYMEX Natural Gas Futures Contract Closed at $2.770 on Friday, August 11th
August 14, 2023
Friday, August 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.752, a penny below Thursday’s closing price of $2.763. Trending lower through the morning hours to record the intraday low of $2.701 at 11:00AM, the contract struggled to find its footing follow ...
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Market Insights
Natural Gas
Basis
NYMEX
September NYMEX Natural Gas Futures Contract Closed at $2.763 on Thursday, August 10th
August 11, 2023
Thursday, August 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.893, nearly seven cents below Tuesday’s closing price of $2.959. Marking the intraday high of $2.900 early on, the contract sought direction along $2.875 leading up to the weekly storage publi ...
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