January 5th, 2023 – Market Update

NYMEX Natural Gas Futures Contract Natural gas prices continued to fall today with the prompt month February 2023 contract falling another 10% (US$0.452/MMBtu) to $3.72. Prices were downward for the majority of the day, before hitting a low of $3.651 and climbing into the 2:30 PM settle. Fundamentals Warm weather continues to fuel low prices …

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January 4th, 2023 – Market Update

NYMEX Natural Gas Futures Contract Natural gas prices saw a slight reversal today as all contracts settled in the green. The prompt month February NYMEX futures contract settled up US$0.184/MMBtu at $4.172. Fundamentals Not much has changed day-over-day but some headlines overseas have been affecting prices domestically. European price caps have finally yielded some results …

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December 5th, 2022 – Market Update

Markets tumbled once again today, down $0.74 USD on the prompt month once again. With mild weather in the forecast and LNG exports to Europe in limbo until the spring this market could remain soft for a period of time. We will see what happens the balance of the week. (RS)

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