September 20th, 2023 – Market Update

NYMEX Natural Gas Futures Contract Prompt month Oct23 settlement -US$0.115/MMBtu at $2.733, low of $2.693, high of $2.824, traded range of $0.131. Winter 23 -$0.066 at $3.305, Summer 24 -$0.042 at $3.18. Market Fundamentals Sentiments regarding weather and fall temperatures continue to drive natural gas prices around the bend. After climbing to a 6-week high …

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September 13th, 2023 – Market Update

NYMEX Natural Gas Futures Contract Oct23 prompt month settlement -US$0.063/MMBtu at $2.68, high of $2.777, low of $2.64, traded range of $0.137. Winter 23 -$0.023 at $3.407, Summer 24 -$0.01 at $3.223. Market Fundamentals NYMEX prices fell from 1-week highs today on news due to milder weather forecasts returning. Tomorrow’s EIA storage forecast has analysts …

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September 12th, 2023 – Market Update

NYMEX Natural Gas Futures Contract Prompt month Oct23 settle +US$0.135/MMBtu at $2.743, low of $2.604, high of $2.782, traded range of $0.178. Winter 2023 +$0.043 at $3.43, Summer 2024 $0.033 at $3.234. Market Fundamentals NYMEX natural gas prices finished +5.2%, the largest one-day gain since August 9th, 2023. Bullish sentiment today comes in anticipation of …

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September 11th, 2023 – Market Update

NYMEX Natural Gas Futures Contract Oct23 prompt month settlement +US$0.003/MMBtu at $2.608, low of $2.541, high of $2.639, traded range of $0.098. Winter 23 -$0.025 at $3.387, Summer -$0.013 at $3.20. Market Fundamentals Natural gas markets were quiet today with minimal activity as no new fundamental changes were recorded.

September 5th, 2023 – Market Update

NYMEX Natural Gas Futures Contract Prompt month Oct23 settlement -US$0.183/MMBtu at $2.582, low of $2.566, high of $2.708, traded range of $0.142. Winter 23 -$0.088 at $3.422, Summer 24 -$0.047 at $3.223. Market Fundamentals Welcome back from the long weekend, what a return it has been today. Weather continues to heavily impact natural gas prices …

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September 1st, 2023 – Market Update

NYMEX Natural Gas Futures Contract Oct23 prompt month settlement -$US0.003/MMBtu at $2.765, low of $2.735, high of $2.86, traded range of $0.125. Winter 23 -$0.044 at $3.511, Summer 24 -$0.005 at $3.27. Market Fundamentals Although prices rallied up during the beginning of the day, they ultimately came down settling close to unchanged to yesterday. Hotter …

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