NYMEX Natural Gas Futures Contract Prompt month Sep23 NYMEX natural gas contract +US$0.182/MMBtu at $2.959, low of $2.771, high of $3.018, traded range of $0.247. Winter 23 +$0.159 at $3.778, Summer 24 +$0.068 at $3.388.

Market Fundamentals U.S. natural gas futures rose to 5-month high today on the outlook for excessive heat and through the upcoming weeks as well as global factors. European natural gas prices surged more than 28% after liquefied natural gas (LNG) workers in Australia voted to strike. The expectation is that Asian LNG buyers will look to bid up the prices. Australia is the world’s third-largest exporter of LNG.

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