After opening higher Monday, then revisiting the $9.20 high from last Thursday, December natural gas futures fell for the remainder of the session to settle at $8.72, down a half of a cent from Friday’s close.
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December Futures Find $9.21 Resistible Again
After opening higher Monday, then revisiting the $9.20 high from last Thursday, December natural gas futures fell for the remainder of the session to settle at $8.72, down a half of a cent from Friday’s close.
Futures Continue to Find $6 Resistible
Scared off by the $6 psychological mark yet again, the natural gas futures prompt month tucked tail Friday as the June contract notched its second consecutive down day. After penetrating the $6 level in trading Wednesday, the June contract followed up its Thursday drop of 4.2 cents with a 6.2-cent loss on Friday to close at $5.862. The prompt month traded in the $5.850-5.970 range on light volume, with 48,826 contracts changing hands.