NYMEX Natural Gas Futures Contract July prompt month NYMEX contract settlement -US$0.108/MMBtu at $2.16, high of $2.83, low of $2.13, range of $0.15. Summer 2023 -$0.087 at $2.28, Winter 2023 -$0.05 at $3.33

Market Fundamentals Another volatile day on the markets with big movement in all direction. EIA storage estimates were between 105 – 108 BCF, although came in stronger than planned at 110 BCF. We are seeing production decline in the US with Canadian production moving south to clear the gap. Overall weather predictions are cooler than planned for the first half of June 23. Production remains low keeping the winter prices from significant move down. (RS)

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