December 19th, 2023 – Market Update

NYMEX Natural Gas Futures Contract Jan 24 contract settled $2.559 USD/M up $0.06 from yesterdays close; Winter is settled at $2.42 up $0.06 from yesterdays close and Summer 24 settled at $2.54 up 0.045 over yesterdays close.

Market Fundamentals – Markets were range bound all day, once again. Cold weather did impact the market somewhat over the past two days. Traders are starting to take their profits out of this market at volume is lower than normal. Take care.

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