This week’s heatwave failed to provide any real support to natural gas futures pricing, as the spike in demand was relatively short in nature. The September 2024 NYMEX contract expired at $1.930 per MMBtu, nearly in line with the August expiration a month prior. The upcoming winter strip is still holding onto a risk premium and trading above support at $3.00 per MMBtu.
Natural Gas Market Talk | 08.30.2024
Futures prices fall further ahead of the September 2024 NYMEX expiration
Aug 30, 2024
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