A bit of volatility in today’s NYMEX activity as traders begin to wrap up the positions in time for the holidays. After being up about 10 cents across the curve this morning, we ultimately settled down about 10 cents. Not much of a move in the front month, but February 2026 settled down 9 cents to $3.57 US/MMBtu.

The warm pattern across the US continues to linger, most concentrated in the central and southern states, but even reaching the great lakes region. That being said, temperatures in Ontario and Quebec are expected to be especially variable over the coming couple weeks, and exports to the northeastern US are especially heavy right now.

Note that the EIA’s storage report release has been rescheduled from the 24th to the 29th.