# June NYMEX Natural Gas Futures Contract Closed at $2.663 on Wednesday, May 29th - Sprague Energy

> The June NYMEX natural gas futures contract settled at $2.663 on May 29, up from $2.582 the prior day. The settlement came ahead of an EIA storage report that was expected to show a 100 Bcf injection. Traders were reacting to updated weather forecasts.

- Date: 2019-05-30 · published 2019-05-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/59273-june-nymex-natural-gas-futures-contract-closed-at-2-663-on-wednesday-may-29th
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A routine settlement with a modest gain signals that prices are holding near recent lows. The storage injection estimate is the key reference for near-term direction.

## Read by commodity

- NATGAS: neutral

## Sources

- spragueenergy.com: https://www.spragueenergy.com/june-nymex-natural-gas-futures-contract-closed-at-2-663-on-wednesday-may-29th/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.