March 21 2024 Market Update

EIA storage report came out today with a surprise to the upside with an injection of 7bcf.  The front NYMEX contract sold off to the bottom of the range but bounced back by the end of the day to close basically unchanged. 

The Summer Strip is trading $2.20 US/mm and Winter Strip is trading $3.36 US/mm, basically the same levels as yesterday and last week on 3/15. [WFG]

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