November NYMEX Natural Gas Futures Contract Closed at $2.404 on Friday, September 27th

On Friday, September 27th – the November NYMEX Natural Gas Futures Contract began trading as the prompt month.  Opening at $2.419, roughly two cents below Thursday’s closing price of $2.443, prices fell early on to reach an intraday low of $2.380 at 9:30AM.  Recovering in the following two hours, the contract rose to the intraday high of $2.425 by 11:20AM.  Gauging the impact of unseasonably cool and hot temperatures in different sections of the country, November drifted modestly lower into the afternoon to close lower at $2.404.

As of 8:40AM EST this morning in Globex, WTI Crude was down 86 cents; Natural Gas was down five cents; Heating Oil was down two cents; and Gasoline was down one cent. 
Natural Gas Glossary
Natural Gas Supplier
For access to Sprague’s full Natural Gas Market Watch Report including commentary not posted here, please send your request to or call 1-855-466-2842.

This market update is provided for information purposes only and is not intended as advice on any transaction nor is it a solicitation to buy or sell commodities. Sprague makes no representations or warranties with respect to the contents of such news, including, without limitation, its accuracy and completeness, and Sprague shall not be responsible for the consequence of reliance upon any opinions, statements, projections and analyses presented herein or for any omission or error in fact. The views expressed in this material are through the period as of the date of this report and are subject to change based on market and other conditions. This document contains certain statements that may be deemed forward-looking statements. Please note that any such statements are not guarantees of any future performance or results and actual results or developments may differ materially from those projected. The whole or any part of this work may not be reproduced, copied, or transmitted or any of its contents disclosed to third parties without Sprague’s express written consent.