NYMEX Natural Gas Futures Contract Prompt month Jul23 settlement +US$0.062/MMBtu at $2.791, low of $2.72, high of $2.816, traded range of $0.096. Summer 23 +$0.046 at $2.872, Winter 23 +$0.012 at $3.613.
Market Fundamentals As the July NYMEX looks to expire this Wednesday, volatility is expected to continue. This week is expected to show a peak in demand as U.S. temperatures continue to burn hot in the Southern area. Production side maintenance continues to occur, expected to commence tomorrow for the rest of this week. Maintenance has come and stuck around for the almost the entirety of the second half of June, which has erased around 35 Bcf of production.