September NYMEX Natural Gas Futures Contracts Closed at $2.941 on Monday, August 20t

Monday, August 20th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.921, nearly three cents below Friday’s closing price of $2.946.  Mimicking Friday’s opening, prices fell to the intraday low of $2.919 early yesterday morning before ascending to the intraday high of $2.951 at 10:30AM.  Finding support in the form of hot temperatures that are forecasted to return by this weekend, September stabilized near $2.945 into the afternoon to close slightly lower on Monday at $2.941.

This morning in Globex, WTI Crude was up $1.53; Natural Gas was up three cents; Heating Oil was up two cents; and, Gasoline was up one cent.

Natural Gas Glossary
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