Friday, March 24th, saw the front-month NYMEX Natural Gas Futures Contracts open at $3.022, three cents below Thursday’s closing price of $3.051. Recovering any overnight losses in the day’s opening minutes, prices continued their growth into the morning to cross midday at the $3.07 mark. Extending to the intraday high of $3.086 at 12:20PM, a short-lived retreat below $3.060 in the following hour was soon overcome as April closed higher on Friday at $3.076.
This morning in Globex, WTI Crude was down 51 cents; Natural Gas was up five cents; Heating Oil was down one cent; and, Gasoline was down slightly. Additionally, cash prices were lower in New York and New England.
Natural Gas Glossary
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