One the day before the July contract’s expiration, natural gas futures traders were still unwilling to push the market in either direction decisively. July natural gas, which expires Wednesday, opened higher Tuesday and traded within a slim 13-cent range between $5.990 and $6.120 before closing at $6.107, up 13.8 cents on the day.
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Futures Shed A Few Pennies; But Fresh Storm Concerns Arise
While petroleum futures decisively explored lower on Tuesday following the Labor Day Holiday weekend, October natural gas was a little more undecided as traders began to monitor Tropical Depression 16 (TD 16) off the coast of Florida. After venturing both higher and lower during the course of the day, prompt month natural gas ended up settling 3.4 cents lower for the session at $11.657.
September 7, 2005
Futures Move Decisively Above $3.00
Following a knee-jerk buying frenzy during Wednesday night’sAccess trading session, natural gas futures shuffled mostlysideways yesterday as traders continued to weigh the impact oftechnical factors and weather forecasts on the already inflatedprice level. Including Access, the November contract was up 8.6cents at $3.064 yesterday, 0.1 cent less than the opening price.
October 22, 1999
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