September NYMEX Natural Gas Futures Contract Closed at $2.152 on Friday, August 23rd

Friday, August 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.128, three cents below Thursday’s closing price of $2.159.  Rising from an intraday low of $2.120 soon after markets opened, prices rose in the following ninety minutes to tally an intraday of $1.267 at 10:30AM.  Despite calls for cooling temperatures and waning demand, the contract stabilized along $2.155 for the balance of the session.  September closed lower on Friday at $2.152.

As of 8:50AM EST this morning in Globex, WTI Crude was up 65 cents; Natural Gas was up three cents; Heating Oil was up one cent; and Gasoline was up two cents. 

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