July NYMEX Natural Gas Futures Contract Closed at $2.387 on Friday, June 14th

Friday, June 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.339, a penny above Thursday’s closing price of $2.325.  Rising from the intraday low of $2.334 soon after the opening bell, prices then gained traction on hopes of increased demand toward the last week of the month.  Climbing to the intraday high of $2.399 at 11:20AM, the contract traded sideways along $2.390 for the balance of the day as July closed higher on Friday at $2.387.

As of 8:55AM EST this morning in Globex, WTI Crude was down 28 cents; Natural Gas was down one cent; Heating Oil was down two cents; and Gasoline was down one cent. 

 
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