NYMEX Natural Gas Futures Contract Prompt month Dec23 settlement +US$0.164/MMBtu at $3.197, low of $3.061, high of $3.246, traded range of $0.185. Winter 23 +$0.122 at $3.272, Summer 24 +$0.055 at $3.246.
Market Fundamentals A strong start to the week today as the emergence of cold weather in the most recent model run has prices rallying. November 18th onward is now colder, and temperatures past the 24th are expected to trend below the 10-year normal. This has ended a five-day downward streak with last Friday being the lowest close since October 25th.