NYMEX Natural Gas Futures Contract Prompt month Jul23 +US$0.121/MMBtu, low of $2.52, high of $2.738, trading range of $0.218. Summer 23 +$0.126 at $2.826, Winter 23 +$0.037 at $3.60.

Market Fundamentals After a fairly quiet morning, markets turned in the afternoon on a few factors. For one, the Baker Hughes rig count showed a drop of another 6 gas rigs indicating perhaps a continued shift of producer sentiment. Additionally, Sabine Pass rumours are floating around that maintenance is completed and feed gas demand will resume into next week.

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