NYMEX Natural Gas Futures Contract Prompt month May23 -US$0.14/MMBtu at $2.18, high: $2.197, low: 2.03, range: $0.145. | Summer 2023 +0.127 at $2.43, Winter 2023 $-0.098 at $3.44 Market Fundamentals Producers budgets are cutting their focus on Natural Gas with a focus on crude oil. Overall drilling is down based on the higher than average …
NYMEX Natural Gas Futures Contract Prompt month May 2023 -US$0.119 /MMBtu at $2.09, Summer 2023 -$0.09 at $2.497, Winter 2023 -0.115 at $ 3.525US/Mmbtu. Market Fundamentals Markets continues to move down $0.11 per day over the past few weeks. The market is unsure where and when we reach the bottom at this point. Financial traders …
NYMEX Natural Gas Futures Contract Prompt month May 2023 -US$0.08 /MMBtu at $2.104, Summer 2023 -$0.09 at $2.53, Winter 2023 -.07 at $3.57 US/Mmbtu. Market Fundamentals The market opened down after the April contract rolled off the board sub $2.00. This market is marching down ever so slowly as we enter the shoulder season. Contract …
NYMEX Natural Gas Futures Contract Prompt month April 2023 -US$0.039/MMBtu at $1.991 closed off the board today!| Summer 2023 +$0.058 at $2.62, Winter 2023 +$0..04 at $3.614 Market Fundamentals April 2023 options expired yesterday and the story continued into the April 23 Nymex contract closing down as options are off the table. Traders view the …
NYMEX Natural Gas Futures Contract April 2023 prompt month -US$0.017/MMBtu at $2.154| Summer 2023 -$0.01 at $2.61| Winter 2023 +$0.03 at $3.66. Market Fundamentals The market barely reacted to the – 72 BCF withdraw although well priced into the market prior to opening. Natural gas production strength remains the primary driver for the balance of …
NYMEX Natural Gas Futures Contract April 2023 prompt month -US$0.177/MMBtu at $2.171| Summer 2023 -$0.160 at $2.625| Winter 2023 -$0.109 at $3.635. Market Fundamentals The market erased yesterdays gains in the early part of the summer months and little change in the winter months. This market is truly starting to bottom out for the April …
NYMEX Natural Gas Futures Contract Apr23 prompt month | Settle: US$2.338/MMBtu, -0.177 USD/Mmbtu from previous day | High: $2.53 | Low: $2.328 Summer 23 -0.165Winter 23 -0.12 USD/Mmbtu. Market Fundamentals Warm weather will be trending in the East of the Rockies keeping the colder weather in the West. Markets were soft all day as traders …
NYMEX Natural Gas Futures Contract Apr23 prompt month | Settle: US$2.514/MMBtu, + .075 USD/Mmbtu from previous day | High: $2.55 | Low: $2.428 Summer 23 +.065, Winter 23 +.04 USD/Mmbtu Market Fundamentals Prices rallied all day today as we move into the last days of trading this month. Cool weather in the West continues to …
NYMEX Natural Gas Futures Contract Prompt month Apr23 -.033/MMBtu at $2.97 Summer 23 +$0.16 Winter 23 -$0.057 Market Fundamentals This market remains range bound with large swings offset by retracement back over the week. The winter months continue to remain strong at this point in time. Utilities are starting to work through remaining inventories over …
NYMEX Natural Gas Futures Contract Prompt month Apr23 + 0.176/MMBtu at $2.93 Summer 23 +0.16 Winter 23 +0.05 Market Fundamentals This market in essence erased the loss from last week closing up slightly overall. Colder weather is forecasted for the next week sending cash prices higher on the day. Enjoy the spring break. (RS)