Monday, July 19th saw the front-month NYMEX Natural Gas Futures Contract open at $3.748, seven cents above Friday’s closing price of $3.674. Slipping to an intraday low of $3.712 ahead of 10:30AM, the contract posted a staggered ascent throughout the balance of the session as traders focused on impending heat in the forecast. Marking the intraday high of $3.782 at 2:20PM, August closed higher on Monday at $3.779.
As of 6:55AM EST this morning in Globex, WTI Crude was up 21 cents; Natural Gas was unchanged; Heating Oil was up slightly; and Gasoline was unchanged.
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