December 5th, 2023 – Market Update

NYMEX Natural Gas Futures Contract Jan 24 contract settled $2.71 USD/M; Winter is settled at $2.637 d up $0.01 and Summer 24 settled at $2.80 up $0.01USD/Mmbtu.

Market Fundamentals Natural gas prices continue to remain range bound as we await the winter weather. Traders are selling heavily on the Jan 24 contract, otherwise light trading the balance of next year. Take care.

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