Natural Gas Market Update

  • May 8, 2026 – Market Update

    It was a quiet and slow day for energy markets today with NYMEX having no movement and Dawn being down $0.01 CAD/GJ. Slightly more change occurred with WTI going up…

  • May 7, 2026 – Market Update

    A mix of cloud and sunshine in Toronto as markets continue to soften. WTI moved lower to $93 USD/bbl today as talks progress between US and Iran to potentially reopen…

  • May 6, 2026 – Market Update

    Markets remained on a downward, with the largest activity stemming from WTI by $7.22 into the $95 USD/bbl range. There have been reports that Iran and the US are close…

  • May 5, 2026 – Market Update

    WTI went down $3.67 to $102.58 USD/bbl today as the US-Iran conflict continues. Meanwhile, the 12-month NYMEX strip decreased by $0.08 USD/MMBtu and the 12-month average for Dawn decreased by…

  • May 4, 2026 – Market Update

    Ontario is getting one more cooler stretch before the spring demand decline really takes over. The latest forecast moved about 11°C colder than the prior run, with temperatures dipping into…

  • May 1, 2026 – Market Update

    Energy markets continued to move higher today. The 12-month NYMEX strip was up $0.02 USD/MMBtu and the 12-month Dawn strip was up $0.09 CAD/GJ. Dawn led the move as the…

  • April 30, 2026 – Market Update

    Natural gas prices moved up today, with Dawn increasing by $0.08 CAD/GJ and NYMEX increasing by $0.06 USD/MMBtu. There is an anticipated cold spell over the next 6-10. EIA reported…

  • April 29, 2026 – Market Update

    Natural gas rose a bit today, with the 12-month Dawn average higher by $0.02 CAD/GJ and the 12-month NYMEX strip up $0.01 USD/MMBtu. WTI rose $6.85 to approximately $106.70 USD/bbl…

  • April 28, 2026 – Market Update

    Natural gas was slightly weaker today, with the average 12-month NYMEX strip down about $0.02 USD/MMBtu and the 12-month Dawn average down about $0.03 CAD/GJ. WTI went up $3.71 to…

  • April 24, 2026 – Market Update

    Energy markets moved lower today, with the 12-month NYMEX strip down roughly $0.06 USD/MMBtu. Gas weakness was tied to softer shoulder-season fundamentals, with a warmer Canadian forecast, firm storage injections,…

  • April 23, 2026 – Market Update

    It was a more active day for energy markets today. Natural gas moved lower, with NYMEX down $0.06 USD/MMBtu after the EIA printed a 103 Bcf storage build, right at…

  • April 22, 2026 – Market Update

    WTI rose $3.13 to $92.80 USD/bbl today, while the 12-month NYMEX strip was up $0.02 USD/MMBtu and the 12-month Dawn strip was up $0.02 CAD/GJ. The oil move came despite…

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