Tuesday, November 6th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.539, three cents below Monday’s closing price of $3.567. Inching gradually higher through the morning as wary traders evaluated their positions amidst bullish weather forecasts, prices rose to the intraday high of $3.581 at 10:40AM. Slipping to the intraday low of $3.531 nearly two hours later, December ticked higher into the afternoon to close lower on Tuesday at $3.555.
This morning in Globex, WTI Crude was up 60 cents; Natural Gas was down three cents; Heating Oil was up four cents; and Gasoline was up one cent.
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