Tuesday, October 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.254, nearly two cents above Monday’s closing price of $2.238. Falling slightly to an intraday low of $2.247 minutes after 9:00AM, prices were quick to move higher to reclaim the previous session’s losses. Ascending past $2.290 by 10:00AM, the contract settled-in along this mark until jumping to the intraday high of $2.311 shortly after midday. November closed higher on Tuesday at $2.272.
As of 8:40AM EST this morning in Globex, WTI Crude was down 59 cents; Natural Gas was up two cents; Heating Oil was down two cents; and Gasoline was down one cent.
Natural Gas Glossary
Natural Gas Supplier
For access to Sprague’s full Natural Gas Market Watch Report including commentary not posted here, please send your request to natgas@spragueenergy.com or call 1-855-466-2842.