NYMEX Natural Gas Futures Contract Prompt month Nov23 settlement +US$0.045/MMBtu at $2.971, low of $2.876, high of $2.997, traded range of $0.121. Winter 23 +$0.046 at $3.320, Summer 24 +$0.009 at $3.247.
Market Fundamentals Natural gas prices continue to creep higher as the expiration of the November contract approaches this Friday. The expected arrival of cooler temperatures continues to be the driving catalyst, but the psychological barrier at $3 has yet to be broken since we fell below it last Thursday.