NYMEX Natural Gas Futures Contract Sep23 prompt month settlement -US$0.072 at $2.56, low of $2.54, traded range of $0.096. Winter 23 -$0.073 at $2.569, Summer 24 -$0.046 at $3.293.
Market Fundamentals Natural gas looked to start the day off bullish but quickly turned around for the rest of the day. Tropical storm Harold is looking to begin making its path inland around the Gulf of Mexico area. Although it is not expected to cause much damage, the increased rainfall is expected to lower temperatures in Texas and New Mexico, alleviating some of the bullish sentiment around summer heat.