December 15th, 2023 – Market Update

NYMEX Natural Gas Futures Contract Jan 24 contract settled $2.476 USD/M up $0.016 from yesterdays close; Winter is settled at $2.39 up $0.02 from yesterdays close and Summer 24 settled at $2.60 up 0.005 over yesterdays close

Market Fundamentals – Markets were range bound $0.09 USD/Mmbtu all day. The market did settle closer to the open setting a narrow range of trading for next week. Traders are likely to start covering their positions next week as we approach the holidays. Take care and enjoy this unseasonably warm December.

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