NYMEX Natural Gas Futures Contract Aug23 prompt month settlement -US$0.099/MMBtu at $2.64, low of $2.62, high of $2.75, traded range of $0.13. Summer 23 -$0.09 at $2.64, Winter 23 -$0.085 at $3.49.

Market Fundamentals Markets operate in strange ways! We are off again from yesterdays highs trending back to ranges earlier this week. Traders are setting themselves up for storage later this week and do not want to be caught on the opposite side. Weather outlook appears to show cooling trend for the next 11 – 15 days.

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