NYMEX gas futures trade under $2 as August contract expires

The expiring NYMEX August gas futures contract dipped below $2 July 29, its final day of trading, marking the prompt month’s lowest since early May as the outlook for summer gas prices turns increasingly bearish. During the afternoon session, August Henry Hub futures fell to just $1.85/MMBtu on low trading volume. The soon-to-be prompt September contract, where most of the… The expiring NYMEX August gas futures contract dipped below $2 July 29, its final day of trading, marking the prompt month’s lowest since early May as the outlook for summer gas prices turns increasingly bearish. During the afternoon session, August Henry Hub futures fell to just $1.85/MMBtu on low trading volume. The soon-to-be prompt September contract, where most of the… Read More