Natural Gas Market Update

Another uninteresting day. NYMEX futures slowly drifted off during the day, but like yesterday, nothing crazy. The April futures contract expires on Thursday, so May will soon be the front…

Welcome back. It’s been a sluggish day, both in the weather and the market. NYMEX Futures drifted off a few cents, but not much action overall. Canadian temperatures are expected…

Happy Friday The NYMEX April front month contract had a nice sell off to $3.86 US/mm overnight but bounced back up to $4.05 in the morning. This marks the first…

Happy Storage Day Spring is starting with some good news! This morning, the EIA reported that for the week ending March 14th, there was a net INJECTION of gas into…

Another quiet day. The story is still unchanged: temperatures are warm, production is at record highs (March is on track to hit a record average output of 105.8 Bcf/d), and…

Quiet day. The NYMEX April front month contract traded down below $4.00 US/mm before bouncing up a dime. Last trade $4.05. The weather is getting warmer and heating demand is falling off. In…

Welcome back to a new week. Hard to believe we are halfway through March. Prices have dipped on the NYMEX; the April front month contract fell about 10 cents to…

Happy Friday A quiet, warm Friday to finish up the week. The NYMEX April contract drifted around today, but ultimately settled up 8 cents at $4.11 US/mm. Besides a little…

Happy Storage Day Today’s storage report came in at a withdrawal of -62 Bcf for the week ending March 7, 2025. A larger draw than the expected -58 Bcf, and…

Today’s the day: NYMEX natural gas futures finally got clobbered! The April front month contract decreased 37 cents to settle at $4.08 US/mm. It’s the biggest single-day sell-off we’ve seen…

Another day, another headline. Or three. Looks like Donald Trump is not happy about Ontario’s surcharge on exported electricity, and is back to threats of annexation and financial ruin. Doug…

Welcome back to another week. Unfortunately, the trade war fiasco continues. Premier Doug Ford spoke this morning to a room full of reporters, announcing the implementation of a 25% Tariff…