September Natural Gas Futures Stumble into Final Session

By Kevin Dobbs

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Published in: Daily Gas Price Index Filed under:

The September Nymex gas futures contract on Wednesday limped along early on its last day at the front of the curve. It was down 1.1 cents to $1.893/MMBtu as of 8:40 a.m. ET.

Morning market report

The October contract, which takes over as the prompt month on Thursday, shed 2.4 cents to $2.061.

Futures have struggled through much of the September contract’s run in the lead position, with steady production and robust supplies in storage offsetting strong summer cooling demand. Now, with fall weather approaching, traders are beginning to fixate on fading demand heading into the shoulder season.

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Kevin Dobbs

Kevin Dobbs joined the staff of NGI in April 2020. Prior to that, he worked as a financial reporter and editor for S&P Global Market Intelligence, covering financial companies and markets. Earlier in his career, he served as an enterprise reporter for the Des Moines Register. He has a bachelor's degree in English from South Dakota State University.