NYMEX Natural Gas Futures Contract Prompt month Jul23 settlement -US$0.028/MMBtu at $2.763, low of $2.724, high of $2.809, traded range of $0.085. Summer 23 -$0.089 at $2.783, Winter 23 -$0.079 at $3.534.

Market Fundamentals After trending upwards for the past five trading session, natural gas prices showed red across the board today. Sweltering heat in Texas that previously fueled high prices, is expected to moderate into the weekend. Additionally lower electricity output is expected and has eased up some concerns over additional demand.

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