September NYMEX Natural Gas Futures Contract Closed at $2.210 on Monday, August 19th

Monday, August 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.142, nearly six cents below Friday’s closing price of $2.200.  Recovering from an intraday low of $2.140 soon after markets opened, prices were directed higher despite conflicting weather forecasts.  Stabilizing along $2.175 from 9:30AM well into the afternoon, the contract rose to an intraday high of $2.219 at 1:50PM, as September closed higher on Monday at $2.210.

As of 8:50AM EST this morning in Globex, WTI Crude was down 19 cents; Natural Gas was unchanged; Heating Oil was up one cent; and Gasoline was up slightly. 

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