NYMEX Natural Gas Futures Contract Prompt month NYMEX June 2023 settlement +US$0.03/MMBtu at $2.22 USD/Mmbtu. Summer 23 is + $0.048 USD/Mmbtu trading at $2.41 and Winter 23/24 is + 0.02 at $3.50.

Market Fundamentals Markets are not moving much these days. Weather predictions are forecasting an El Nino for the summer. Above average temperature across the Eastern part of North America and moderate on the Pacific coast. Air Conditioning demand could be an influnce, as we fill storage . Some trader believe we will be 80% full by mid August 23. If this is the case, Nymex will be weak into the fall. Take care. (RS)

Scroll to Top