NYMEX Natural Gas Futures Contract Prompt month April 2023 -US$0.128/MMBtu at $2.088 | Summer 2023 -$0.134 at $2.54 | Winter 2023 -$0.099 at $3.612. Market Fundamentals Natural gas prices fell again as weather once again turned warmer in comparison to Friday’s model run. Demand for early April is now expected to be limited. Overseas, strikers …
NYMEX Natural Gas Futures Contract Prompt month April 23 +US$0.062/MMBtu at $2.216 | Summer 23 +$0.068 at $2.681, Winter 23 +$0.044 at $3.71. Market Fundamentals Markets traded within a tight range today average $0.10 across all contracts. Temperatures once again shifted colder in the 8 to 14 day period, but demand is still relatively unchanged …
NYMEX Natural Gas Futures Contract April 2023 prompt month +US$0.125/MMBtu at $2.348 | Summer 2023 +$0.165 at $2.785 | Winter 2023 +$0.193 at $3.745. Market Fundamentals After trading to a low of $2.127 today, the April 2023 contract rebounded hard to settle up. The noon weather mode runs trended much colder for the end of …
NYMEX Natural Gas Futures Contract Prompt month April 2023 -US$0.115/MMBtu to $2.223 | Summer 2023 -$0.097 to average $2.619 | Winter 2023 -$0.057 to $3.552. Market Fundamentals It’s the first day of Spring today as we look to welcome the spring equinox, and perhaps the natural gas market is feeling it to. Prices fell across …
NYMEX Natural Gas Futures Contract Apr23 prompt month | Settle: US$2.439/MMBtu, -$0.134 from previous day | High: $2.595 | Low: $2.384. Summer 23 -$0.156, Winter 23 -$0.153. Market Fundamentals Prices fell during trading hours today as yesterday’s warmer model run was confirmed again and prices abroad in Europe and Asia continue to fall. Once trading …
NYMEX Natural Gas Futures Contract Prompt month Apr23 +US$0.244/MMBtu at $3.009. Summer 23 +$0.223, Winter 23 +$0.15. Market Fundamentals A new combination of a lower rig count, increased Chinese demand, and cold weather domestically and abroad has yield bullish sentiment in the market as prices returned to the $3 level. Weather forecasts continue to have …
NYMEX Natural Gas Futures Contract Prompt month Apr23 contract +$0.064/MMBtu at $2.811. Summer 23 +$0.078, Winter 23 +$0.058. Market Fundamentals Weather continues to push colder in the 11 to 15-day period. If the trend persists, expectations are that the week ending March 17th could be colder than the week of January 27th. This would help …
NYMEX Natural Gas Futures Contract Settlements Prompt month Apr23 +US$0.016/MMBtu at $2.747. Summer 23 +$0.018 on average, Winter 23 +$0.038. Market Fundamentals Prices looked to be on a downward trend early in the day, but rebounded from a low of $2.568. Cold weather forecasts continue to be confirmed in the 11 to 15-day period that …
NYMEX Natural Gas Futures Contract Apr23 +US$0.183/MMBtu at $2.731. Summer 23 +$0.126, Winter 23 +$0.053. Market Fundamentals Today marked the first day of the Apr23 contract trading as the prompt month. Continuing last week’s trend, sessions continue to trade higher on the news of colder weather. The week ending March 17th, 2023 is now looking …
Today marked the expiry of March as the prompt month contract and it was quite an exciting one. It was green across the board again today, and March settled at US$2.451/MMBtu, up $0.137 from yesterday. The struggle between fundamentals and technicals continues to drive market movement as the lack of any significant changes in weather …