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Market Insights
Natural Gas
Basis
NYMEX
April NYMEX Natural Gas Futures Contract Closed at $2.551 on Wednesday, March 8th
March 9, 2023
Wednesday, March 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.641, nearly five cents below Tuesday’s closing price of $2.687. Achieving the intraday high of $2.646 by 9:15AM, the contract then withdrew in the following hour to the $2.540 level as healthy ...
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Market Insights
Natural Gas
Basis
NYMEX
April NYMEX Natural Gas Futures Contract Closed at $2.687 on Tuesday, March 7th
March 8, 2023
Tuesday, March 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.632, six cents above Monday’s closing price of $2.572. Following the previous session’s retreat, the contract traded within a four-cent range of $2.625 through midday as incoming frigid temperatu ...
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Market Insights
Natural Gas
Basis
NYMEX
April NYMEX Natural Gas Futures Contract Closed at $2.572 on Monday, March 6th
March 7, 2023
Monday, March 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.630, thirty-eight cents below Friday’s closing price of $3.009. Moving cautiously higher to achieve an intraday high of $2.652 at 9:30AM, the contract then continued its downward momentum followin ...
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Market Insights
Natural Gas
Basis
NYMEX
April NYMEX Natural Gas Futures Contract Closed at $3.009 on Friday, March 3rd
March 6, 2023
Friday, March 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.828, six cents above Thursday’s closing price of $2.765. Withdrawing to the intraday low of $2.800 by 9:45AM, the contract traded sideways near $2.830 through 11:00AM. Picking up momentum to cross ...
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Market Insights
Natural Gas
Basis
NYMEX
April NYMEX Natural Gas Futures Contract Closed at $2.811 on Wednesday, March 1st
March 2, 2023
Wednesday, March 1st saw the front-month NYMEX Natural Gas Futures Contract open at $2.717, three cents below Tuesday’s closing price of $2.747. Following a momentary dip to the intraday low of $2.664, prices were quick to return to opening level territory, trading along either s ...
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Market Insights
Natural Gas
Basis
NYMEX
April NYMEX Natural Gas Futures Contract Closed at $2.747 on Tuesday, February 28th
March 1, 2023
Tuesday, February 28th saw the front-month NYMEX Natural Gas Futures Contract open at $2.661, seven cents below Monday’s closing price of $2.731. Continuing the pre-opening downward momentum to reach an intraday low of $2.568 at 11:30AM, traders pulled back overnight to realign w ...
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Market Insights
Natural Gas
Basis
NYMEX
April NYMEX Natural Gas Futures Contract Closed at $2.731 on Monday, February 27th
February 28, 2023
Monday, February 27th saw the front-month NYMEX Natural Gas Futures Contract open at $2.695 fifteen cents above Friday’s closing price of $2.548. Trending downward through the early morning hours to reach the intraday low of $2.612 at 10:55AM, the contract then regained its pre-s ...
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Market Insights
Natural Gas
Basis
NYMEX
April NYMEX Natural Gas Futures Contract Closed at $2.548 on Friday, February 24th
February 27, 2023
Friday, February 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.322, a penny above Thursday’s closing price of $2.314. March settled higher at $2.451. Set to assume the front-month position today, April opened at $2.424 on Friday, a penny below Thursday ...
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Market Insights
Natural Gas
Basis
NYMEX
March NYMEX Natural Gas Futures Contract Closed at $2.314 on Thursday, February 23rd
February 24, 2023
Thursday, February 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.203, three cents above Wednesday’s closing price of $2.174. Ascending to the $2.280 level leading up to the weekly storage report, prices trended lower following the publication’s release. T ...
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Market Insights
Natural Gas
Basis
NYMEX
March NYMEX Natural Gas Futures Contract Closed at $2.174 on Wednesday, February 22nd
February 23, 2023
Wednesday, February 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.074, nearly even to Tuesday’s closing price of $2.073. Tallying the intraday low of $2.070 soon after the opening bell, prices climbed steadily higher through the morning hours despite stro ...
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