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Market Insights
Natural Gas
Basis
NYMEX
June NYMEX Natural Gas Futures Contract Closed at $2.913 on Tuesday, May 25th
May 26, 2021
Tuesday, May 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.921, four cents above Monday’s closing price of 2.886. Ascending to an intraday high of $2.924 within minutes of the opening bell, prices moved lower to mark an intraday low of $2.888 at 10:20AM. ...
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Market Insights
Natural Gas
Basis
NYMEX
June NYMEX Natural Gas Futures Contract Closed at $2.886 on Monday, May 24th
May 25, 2021
Monday, May 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.833, seven cents below Friday’s closing price of $2.906. Marking the intraday low of $2.833 as markets opened, traders got to work recouping the weekend losses. Climbing to $2.875 by 9:45AM, pric ...
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Market Insights
Natural Gas
Basis
NYMEX
June NYMEX Natural Gas Futures Contract Closed at $2.906 on Friday, May 21st
May 24, 2021
Friday, May 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.908, two cents below Thursday’s closing price of $2.925. Marking an intraday low of $2.894 at 9:50AM and an intraday high of $2.921 by 10:30AM, bearish weather forecasts and an unsupportive storag ...
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Market Insights
Natural Gas
Basis
NYMEX
June NYMEX Natural Gas Futures Contract Closed at $2.964 on Wednesday, May 19th
May 20, 2021
Wednesday, May 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.984, three cents below Tuesday’s closing price of $3.012. Reaching an intraday high of $2.991 at 9:50AM and falling to an intraday low of $2.940 an hour later, prices were down slightly as the ...
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Market Insights
Natural Gas
Basis
NYMEX
June NYMEX Natural Gas Futures Contract Closed at $3.012 on Tuesday, May 18th
May 19, 2021
Tuesday, May 18th saw the front-month NYMEX Natural Gas Futures Contract open at $3.077, three cents below Monday’s closing price of $3.109. Recording the intraday high of $3.081 soon after the opening bell, prices arced lower throughout the morning. Finding support near $3.020 ...
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Market Insights
Natural Gas
Basis
NYMEX
June NYMEX Natural Gas Futures Contract Closed at $3.109 on Monday, May 17th
May 18, 2021
Monday, May 17th saw the front-month NYMEX Natural Gas Futures Contract open at $3.074, eleven cents above Friday’s closing price of $2.961. Climbing from the intraday low as markets opened, prices rose steadily to reach $3.145 by 10:30AM. Fueled by an expected increase in cool ...
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Market Insights
Natural Gas
Basis
NYMEX
June NYMEX Natural Gas Futures Contract Closed at $2.961 on Friday, May 14th
May 17, 2021
Friday, May 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.982, two cents below Wednesday’s closing price of $2.973. Marking an intraday high of $2.996 soon after the opening bell, prices slipped lower throughout the morning. Finding support near $2.960 ...
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Market Insights
Natural Gas
Basis
NYMEX
June NYMEX Natural Gas Futures Contract Closed at $2.973 on Thursday, May 13th
May 14, 2021
Thursday, May 13th saw the front-month NYMEX Natural Gas Futures Contract open at $2.949, two cents below Wednesday’s closing price of $2.969. Marking an intraday low of $2.937 within minutes of the opening bell, the contract traded sideways near $2.945 through 10:00AM. Gaining ...
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Market Insights
Natural Gas
Basis
NYMEX
June NYMEX Natural Gas Futures Contract Closed at $2.969 on Wednesday, May 12th
May 13, 2021
Wednesday, May 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.961, slightly above Tuesday’s closing price of $2.955. Trading along the $2.955 level until tallying an intraday low of $2.947 at 11:00AM, the contract then began a gradual ascent. Stepping hi ...
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Market Insights
Natural Gas
Basis
NYMEX
June NYMEX Natural Gas Futures Contract Closed at $2.955 on Tuesday, May 11th
May 12, 2021
Tuesday, May 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.897, nearly four cents below Monday’s closing price of $2.932. Falling to an intraday low of $2.881 by 9:20AM as weather forecasts lost a few heating degree-days in the short term, bulls then mov ...
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