The May Nymex contract took time out to lick its wounds Tuesdayby gaining 2.2 cents to settle the day at $2.501. Several longtraders were concerned that May would add to its massive 17.8 centloss turned in on Monday, but good buying from the outset kept Mayat either side of $2.50 throughout the session.
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Prices Go Into Weekend Flat to Up About a Nickel
Cash numbers finished the week slightly higher as various pointsranged from flat to 5-6 cents higher Friday. It was difficult togeneralize with several regions containing both flat andnickel-higher points. The larger gains were seen at Henry Hub, TGTZone 1, Tennessee Zone 0, Columbia-Appalachia, Texas Eastern M-3and the Chicago citygate.
March 23, 1998
Price Slide Levels Off With Only Slight Softness
Cash markets settled down for the weekend Friday with flat toslightly softer prices prevailing. Most of the declines of 2-4cents were concentrated in the Gulf Coast and Appalachia/Northeast.
March 9, 1998
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