Monday, July 24th, saw the front-month NYMEX Natural Gas Futures Contracts open at $2.947, two cents below Friday’s closing price of $2.970.  Losing two cents as markets opened, a staggered ascent to the intraday high of $2.955 by 9:50AM was dampened by cooler forecasts covering much of the northeast.  Trailing downward to cross midday near the $2.90 level, prices stabilized until 1:00PM as the contract retreated further.  Recording to a two-week intraday low of $2.880 at 2:10PM, August closed lower on Monday at $2.899.

This morning in Globex, WTI Crude was up 78 cents; Natural Gas was up four cents; Heating Oil was up two cents; and, Gasoline was up one cent.  Additionally, cash prices were lower in New York and New England.

 

Natural Gas Glossary

                                                                                                 
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