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Market Insights
Natural Gas
Basis
NYMEX
June NYMEX Natural Gas Futures Contract Closed at $2.619 on Friday, May 10th
May 13, 2019
Friday, May 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.598, slightly above Thursday’s closing price of $2.595. Slipping to the intraday low of $2.579 by 9:20AM, buyers then entered the market as forecasts for below average temperatures in the short te ...
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Market Insights
Natural Gas
Basis
NYMEX
June NYMEX Natural Gas Futures Contract Closed at $2.596 on Thursday, May 9th
May 10, 2019
Thursday, May 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.589, two cents below Wednesday’s closing price of $2.610. Trading sideways along $2.585 through 10:30AM, the contract seemed unfazed by the EIA’s storage report of an injection on the lower side ...
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Market Insights
Natural Gas
Basis
NYMEX
June NYMEX Natural Gas Futures Contract Closed at $2.610 on Wednesday, May 8th
May 9, 2019
Wednesday, May 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.578, roughly four cents above Tuesday’s closing price of $2.537. Climbing from the intraday low of $2.574 as markets opened, prices rose steadily through the morning to reach above the $2.61 lev ...
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Market Insights
Natural Gas
Basis
NYMEX
June NYMEX Natural Gas Futures Contract Closed at $2.537 on Tuesday, May 7th
May 8, 2019
Tuesday, May 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.548, more than two cents above Monday’s closing price of $2.524. Trading within a tight range throughout the duration of the session, prices fell to an intraday low of $2.529 at 9:50AM and tallied ...
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Market Insights
Natural Gas
Basis
NYMEX
June NYMEX Natural Gas Futures Contract Closed at $2.524 on Monday, May 6th
May 7, 2019
Monday, May 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.537, three cents below Friday’s closing price of $2.567. Edging cautiously upward to an intraday high of $2.547 at 10:00AM, prices soon trended lower as the contract has struggled to find a footing ...
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Market Insights
Natural Gas
Basis
NYMEX
June NYMEX Natural Gas Futures Contract Closed at $2.567 on Friday, May 3rd
May 6, 2019
Friday, May 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.574, nearly two cents below Thursday’s closing price of $2.589. Marking the intraday high of $2.581 as markets opened, prices slipped in the following hour to reach the intraday low of $2.553 at 10 ...
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Market Insights
Natural Gas
Basis
NYMEX
June NYMEX Natural Gas Futures Contract Closed at $2.589 on Thursday, May 2nd
May 3, 2019
Thursday, May 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.604, nearly two cents below Wednesday’s closing price of $2.620. Extending to an intraday high of $2.614 as markets opened, prices were quick to retreat and settle in along $2.585 through 10:30AM ...
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Market Insights
Natural Gas
Basis
NYMEX
June NYMEX Natural Gas Futures Contract Closed at $2.575 on Tuesday, April 30th
May 1, 2019
Tuesday, April 30th saw the front-month NYMEX Natural Gas Futures Contract open at $2.594, nearly even to Monday’s closing price of $2.593. Tallying an intraday high of $2.600 at 9:30AM, the contract then lost its footing and sank to the intraday low of $2.565 by 10:10AM. Recov ...
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Market Insights
Natural Gas
Basis
NYMEX
June NYMEX Natural Gas Futures Contract Closed at $2.593 on Monday, April 29th
April 30, 2019
On Monday, April 29th – the June NYMEX Natural Gas Futures Contract began trading as the prompt month. Opening at $2.560, two cents below Friday’s closing price of $2.580, prices rose steadily out of the gate to reach above $2.580 by 9:20AM. Trailing downward to an intraday low ...
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Market Insights
Natural Gas
Basis
NYMEX
May NYMEX Natural Gas Futures Contract Closed at $2.580 on Friday, April 26th
April 29, 2019
On Friday, April 26th – settlement day for the May contract – the front-month NYMEX Natural Gas Futures Contracts opened at $2.520, slightly above Thursday’s closing price of $2.514. Building upon the previous session’s momentum, prices surged upward to the $2.550 level by 9:30A ...
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