NYMEX Natural Gas Futures Contract June 2023 prompt month contract -US$0.044/MMBtu at $2.17, high of $2.241, low of $2.103, range of $0.138 | Summer 2023 -$0.053 at $2.386, Winter 2023 -$0.039 at $3.447.
Market Fundamentals Although production fell, a corresponding fall in LNG demand helped to once again alleviate any potential tightness in the already loose market. Sabine Pass LNG cut its receipts by 0.79 Bcf/d as maintenance has begun ahead of schedule. Cameron LNG is also set to begin maintenance shortly. ~CL