Natural Gas Market Updates

April 16, 2026 – Market Update

A slightly more eventful day for energy markets today. WTI is up $2.43 to $93.72 USD/bbl, NYMEX is up $0.03 USD/MMBtu, and Dawn is up $0.06 CAD/GJ. Dawn appears to be getting a bit of support from a tighter Ontario setup in the near term, with Canadian production still soft, net exports continuing to slide, and maintenance still keeping some constraints in place. There is also a colder shot coming this weekend in Ontario, which should briefly lift demand before things ease off again next week (JM)

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