April NYMEX Natural Gas Futures Contracts Closed at $2.884 on Tuesday, March 5th

Tuesday, March 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.869, roughly a penny above Monday’s closing price of $2.857.  Trending lower initially, prices fell to the intraday low of $2.841 by 10:30AM.  Finding support from the current below-average forecasts, the contract reversed direction to scale higher over the balance of the session.  Tallying an intraday high of $2.886 at 2:20PM, April closed higher on Tuesday at $2.884.

This morning in Globex, WTI Crude was down 54 cents; Natural Gas was down two cents; Heating Oil was down slightly; and Gasoline was up slightly.  
 
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