NYMEX Natural Gas Futures Contract Jul23 prompt month +US$0.012/MMBtu at $2.266, low of $2.206, high of $2.324, trading range of $0.118. Summer 23 +$0.009 at $2.358, Winter 23 +$0.007 at $3.388.
Market Fundamentals Welcome back, a rather rainy Monday today as we wash away the remnants of last week’s wildfire smoke. Natural gas markets trended down early in the day on the news of cooler temperatures but turned around into the settlement. Production was up slightly during the weekend as per usual, and is expected to increase in July.