NYMEX Natural Gas Futures Contract Prompt month Sep23 settlement +US$0.081/MMBtu at $2.632, low of $2.555, high of $2.66, traded range of $0.105.
Market Fundamentals While temperatures overall continue to show coolness as we exit out of August, short-term excessive heat in the central and southern U.S. was enough to prompt some higher prices today. Additionally, pricing support was also attributable to global prices in Europe jumping up 10% today due to continued talks about Australian LNG workers striking. If no deal is reached this week, a strike could occur as soon as September 2nd.