NG Futures Prices Rise Ahead of Contract Expiration
Natural gas futures prices are on the rise as traders gear up for the looming expiration of the September contract. As shoulder season approaches, fundamental dynamics are shifting, and market participants are taking note.
The production level is holding steady at around 112 Bcf/d, while weather demand remains strong, for now. The NGI Daily Gas Price Index forecasts a storage injection of 23 Bcf, which could impact prices in the coming days.