NYMEX Natural Gas Futures Contract Prompt month Nov23 settlement -US$0.005/MMBtu at $3.377, low of $3.225, high of $3.454, traded range of $0.229. Winter 23 +$0.002 at $3.654, Summer 24 +$0.009 at $3.441.
Market Fundamentals Natural Gas ended minimally lower today, ultimately halting a 6-session rally. The day began looking quite bearish, falling 5% but that rebounded midday as traders anticipate the U.S. EIA storage report tomorrow. Early outlooks from the Wall Street Journal survey forecasts an 89 billion cubic feet (Bcf) injection, which is less than the historical 93 Bcf.