NYMEX Natural Gas Futures Contract Mar23 prompt month + US$0.101/MMBtu to $2.174. Spring 23 +0.125, Winter 23 +$0.093.
Market Fundamentals After falling to a low of $1.967 overnight, prices climbed throughout the day to recover to yesterday’s early levels. March 2023 hit a high of $2.302 before coming down into the close. Recovery is attributable t o the return of Freeport LNG in the upcoming weeks. Winter weather might also have some effect as the storm comes down, make sure to travel safe and prepare in case of power outages! ~CL