NYMEX Natural Gas Futures Contract Winter 24 contract settled at $2.748USD/M which is an increase of $0.008 USD/M. Summer 24 settled at $2.82 USD/M which increased by $0.03 USD/M from yesterdays settlements.
Market Fundamentals – Generally the market tested the high today settling back down throughout the afternoon. Traders still consider the winter weather will come driving the future markets higher. Cash prices continue to remain softer as producers struggle to find demand during this abnormal winter weather. Enjoy the weekend. (RS)