January 18 – 24 Market Update

NYMEX Natural Gas Futures Contract  Winter 24 contract settled at $2.555 USD/M which is an decrease of $0.01 USD/M. Summer 24 settled at $2.67 USD/M which increased by $0.02 USD/M from yesterday.

Market Fundamentals: Canadian gas exports from Alberta to Eastern Canada are flowing once again; California supply is still restricted as of the time of writing. Freeze offs were lower than expected. Production in the Appalachian region has remained strong through a period normally affected by colder than average winters. (RS)

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