August 15th, 2023 – Market Update
NYMEX Natural Gas Futures Contract Prompt month Sep23 settlement -US$0.136/MMBtu at $2.659, low of $2.647, high of $2.836, traded range of $0.216. Winter 23 -$0.043 at $3.717, Summer 24 +0.006 at $3.387. Market Fundamentals Today saw a huge reversal of last week’s bullish action as front end contracts took a beating. Today’s fall has a …