NYMEX Natural Gas Futures Contract June 2023 prompt month -$US0.079/MMBtu at $2.321, high of $2.407, low of $2.318, range of $0.089 | Summer 2023 -$0.06 at $2.516, Winter 2023 -$0.044 at $3.510.
Market Fundamentals Welcome back from a restful long weekend. Markets were still open yesterday as the U.S. observes a holiday next Monday, and a lot happened. After rallying late last week, markets are on the downtrend again as cooler weather and near record high production look to maintain the oversupplied picture. ~CL