Market Information

Market Information

The April 2017 NYMEX natural gas futures contract opened at $3.119/dth and traded between $3.133 and $3.043. It settled 2.4 cents lower and ended the day at $3.052/dth. Since becoming the front month contract on February 27th, it has gained 35.9 cents/dth and traded higher during 15 of the 20 trading sessions. The contract will expire tomorrow at 2:30 PM. The May 2017 crude oil contract opened at $48.12 and traded in a $1.20 range between $48.28 and $47.08. It settled at $47.73/barrel, down 24 cents. National weather forecasts show a mix of seasonal-like temperatures and above average temperatures blanketing most of the country during the 2 week forecast.

Storage Report


Weather Forecast

Any market recommendations conveyed by NFR represent the opinions of the authors. Such opinions are subject to change without notice. The information provided is taken from sources we believe to be reliable, but it is not guaranteed by us as to the accuracy or completeness thereof and is sent to you for information purposes only. Taking commodity price positions involves risk and should be considered carefully.