NYMEX Natural Gas Futures Contract May Prompt month contract settle -US$0.093/MMBtu at $2.093, range of $0.157, high of $2.229, low of $2.072 | Summer 2023 -$0.083 at $2.424, Winter 2023 -$0.059 at $3.433.

Market Fundamentals Red across the board for natty again today, as hot weather and loose balances have traders in bear mode. Prices continue to flip daily though as traders enter and exit, and drops like this are oftentimes attributable to contract rolls. Alternatively, traders could be looking to clean their states as we officially transition into storage injection season tomorrow. ~CL

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