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Market Insights
Natural Gas
Basis
NYMEX
May NYMEX Natural Gas Futures Contract Closed at $1.872 on Tuesday, April 9th
April 10, 2024
Tuesday, April 9th saw the front-month NYMEX Natural Gas Futures Contract open at $1.888, four cents above Monday’s closing price of $1.844. Climbing early on to reach an intraday high of $1.924 by 9:45AM, maintenance-induced declines in production provided support. Pulling back ...
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Market Insights
Natural Gas
Basis
NYMEX
May NYMEX Natural Gas Futures Contract Closed at $1.844 on Monday, April 8th
April 9, 2024
Monday, April 8th saw the front-month NYMEX Natural Gas Futures Contract open at $1.806, two cents above Friday’s closing price of $1.785. Recording the intraday low of $1.797 ahead of 9:45AM, the contract posted a gradual ascent throughout the day as production remains modest an ...
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Market Insights
Natural Gas
Basis
NYMEX
May NYMEX Natural Gas Futures Contract Closed at $1.785 on Friday, April 5th
April 8, 2024
Friday, April 5th saw the front-month NYMEX Natural Gas Futures Contract open at $1.765, a penny below Thursday’s closing price of $1.774. Slipping to the intraday low of $1.763 soon after the opening bell, reports of continued production cuts then pushed prices higher throughout ...
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Market Insights
Natural Gas
Basis
NYMEX
May NYMEX Natural Gas Futures Contract Closed at $1.774 on Thursday, April 4th
April 5, 2024
Thursday, April 4th saw the front-month NYMEX Natural Gas Futures Contract open at $1.837, just below Wednesday’s closing price of $1.841. Marking the intraday high of $1.851 within minutes of the opening bell, the contract traded sideways along $1.835 leading up to the weekly st ...
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Market Insights
Natural Gas
Basis
NYMEX
May NYMEX Natural Gas Futures Contract Closed at $1.841 on Wednesday, April 3rd
April 4, 2024
Wednesday, March 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $1.896, three cents above Tuesday’s closing price of $1.862. Ascending to the intraday high of $1.906 ahead of 9:30AM, prices soon withdrew as declines in production could no longer buoy a market ...
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Market Insights
Natural Gas
Basis
NYMEX
May NYMEX Natural Gas Futures Contract Closed at $1.862 on Tuesday, April 2nd
April 3, 2024
Tuesday, April 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $1.783, five cents below Monday’s closing price of $1.837. Knocked down overnight by weakening LNG exports and weak heating demand, prices fell to an intraday low of $1.778 within minutes of the ope ...
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Market Insights
Natural Gas
Basis
NYMEX
May NYMEX Natural Gas Futures Contract Closed at $1.837 on Monday, April 1st
April 2, 2024
Monday, April 1st saw the front-month NYMEX Natural Gas Futures Contract open at $1.818, nearly six cents above Thursday’s closing price of $1.763. Markets were closed on Friday in observance of Good Friday. Losing ground to tally a low of $1.801 at 10:25AM, prices then rose thro ...
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Market Insights
Natural Gas
Basis
NYMEX
May NYMEX Natural Gas Futures Contract Closed at $1.763 on Thursday, March 28th
March 29, 2024
Thursday, March 28th saw the front-month NYMEX Natural Gas Futures Contract open at $1.738, two cents above Wednesday’s closing price of $1.718. Trading within a tight band near $1.745 leading up to the weekly storage report, the contract briefly jumped to $1.764 before slipping ...
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Market Insights
Natural Gas
Basis
NYMEX
May NYMEX Natural Gas Futures Contract Closed at $1.718 on Wednesday, March 27th
March 28, 2024
Wednesday, March 27th saw the front-month NYMEX Natural Gas Futures Contract open at $1.747, four cents below Tuesday’s closing price of $1.788. Recording the intraday high as markets opened, prices retreated to trade along $1.720 for most of the day. Tallying the intraday low of ...
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Market Insights
Natural Gas
Basis
NYMEX
May NYMEX Natural Gas Futures Contract Closed at $1.788 on Tuesday, March 26th
March 27, 2024
Tuesday, March 26th saw the April NYMEX Natural Gas Futures Contract settle at $1.575, four cents below Monday’s closing price of $1.615. The more actively traded May contract opened at $1.797, a penny above the previous day’s close of $1.789. Absent of motivation from market ...
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