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Market Insights
Natural Gas
Basis
NYMEX
July NYMEX Natural Gas Futures Contract Closed at $2.791 on Monday, June 26th
June 27, 2023
Monday, June 26th saw the front-month NYMEX Natural Gas Futures Contract open at $2.759, three cents above Friday’s closing price of $2.729. Continuing last week’s cooling-demand induced rally, prices moved to the intraday high of $2.816 by 9:35AM. Pulling back trade near $2.750 ...
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Market Insights
Natural Gas
Basis
NYMEX
July NYMEX Natural Gas Futures Contract Closed at $2.729 on Friday, June 23rd
June 26, 2023
Friday, June 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.586, two cents below Thursday’s closing price of $2.608. Losing ground early on to record the intraday low of $2.520 by 9:15AM, the contract then mounted a steady ascent that would span the balanc ...
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Market Insights
Natural Gas
Basis
NYMEX
July NYMEX Natural Gas Futures Contract Closed at $2.608 on Thursday, June 22nd
June 23, 2023
Thursday, June 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.594, nearly even to Wednesday’s closing price of $2.597. Trading sideways near $2.600 from the open until the weekly storage publication, marking the intraday high at $2.622 at 10:25AM, a bearis ...
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Market Insights
Natural Gas
Basis
NYMEX
July NYMEX Natural Gas Futures Contract Closed at $2.597 on Wednesday, June 21st
June 22, 2023
Wednesday, June 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.493, nearly even to Tuesday’s closing price of $2.492. Falling to the intraday low of $2.448 by 9:15AM, prices ascended heartily throughout the morning as short-term forecasted cooling demand r ...
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Market Insights
Natural Gas
Basis
NYMEX
July NYMEX Natural Gas Futures Contract Closed at $2.487 on Tuesday, June 20th
June 21, 2023
Tuesday, June 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.645, a penny above Friday’s closing price of $2.632. Tallying a fresh one-month intraday high of $2.650 shortly after the opening bell, prices traded along the $2.630 level until 10:00AM. The con ...
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Market Insights
Natural Gas
Basis
NYMEX
July NYMEX Natural Gas Futures Contract Closed at $2.632 on Friday, June 16th
June 19, 2023
Friday, June 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.571, four cents above Thursday’s closing price of $2.533. Spiking to $2.635 within minutes of the open, prices pulled back to record the intraday low of $2.522 at 9:40AM. Continuing this week’s ra ...
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Market Insights
Natural Gas
Basis
NYMEX
July NYMEX Natural Gas Futures Contract Closed at $2.533 on Thursday, June 15th
June 16, 2023
Thursday, June 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.412, seven cents above Wednesday’s closing price of $2.342. Marking the intraday low of $2.406 soon after the opening bell, prices rose to the $2.430 level leading up to the weekly storage publi ...
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Market Insights
Natural Gas
Basis
NYMEX
July NYMEX Natural Gas Futures Contract Closed at $2.342 on Wednesday, June 14th
June 15, 2023
Wednesday, June 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.384, four cents above Tuesday’s closing price of $2.340. Propped up overnight by a bullish shift in expected cooling demand, the contract traded within a tight band near $2.340 throughout the s ...
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Market Insights
Natural Gas
Basis
NYMEX
July NYMEX Natural Gas Futures Contract Closed at $2.340 on Tuesday, June 13th
June 14, 2023
Tuesday, June 13th saw the front-month NYMEX Natural Gas Futures Contract open at $2.327, six cents above Monday’s closing price of $2.266. Riding Monday’s wave of cooling-demand driven gains, prices rose to the intraday high of $2.370 at 9:25AM. Trading within a tight band near ...
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Market Insights
Natural Gas
Basis
NYMEX
July NYMEX Natural Gas Futures Contract Closed at $2.266 on Monday, June 12th
June 13, 2023
Monday, June 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.225, seven cents below Friday’s closing price of $2.254. Knocked down early on by reduced expectations for cooling demand in the coming week per NatGasWeather.com, prices slipped to an intraday lo ...
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