NYMEX Natural Gas Futures Contract June prompt month +US$0.05/MMBtu at $2.355, low of $2.268, high of $2.376, range of $0.108 | Summer 2023 +$0.048 at $2.563 | Winter 2023 +$0.031 at $3.557.
Market Fundamentals Today marked another U.S. EIA Lower-48 storage report with an injection of 79 Bcf. This was slightly larger than the consensus average of 77 Bcf, but prices only dipped slightly before holding steady. Prices proceed to climb in the afternoon, but at the time of writing has begun to trade sideways at the mid $2.30 level. ~CL