Natural Gas Market Update

  • April 8, 2026 – Market Update

    On a nice sunny Wednesday in Toronto, headlines this morning claim that the US and Iran reached a two-week ceasefire while negotiations continue, and markets reacted. NYMEX slipped $0.115 USD/MMBtu…

  • April 7, 2026 – Market Update

    A sunny Tuesday in Toronto, and the energy market stayed soft. The 12-month NYMEX strip rose $0.05 USD/MMBtu, Dawn added $0.07 CAD/GJ, and WTI was up $0.67/bbl to $113.08. In…

  • April 6th, 2026 – Market Update

    Grey skies in Toronto, but not much movement in gas. The 12-month NYMEX and Dawn curves were both essentially flat, while WTI continued higher, up $0.94 USD/bbl to $112.48. Ontario…

  • April 2, 2026 – Market Update

    With rain in Toronto and markets still feeling heavy, the bigger story today was the split between oil and gas. WTI surged $11.23 USD/bbl to $111.35 as Trump’s latest remarks…

  • April 1, 2026 – Market Update

    Kicking off the new month on a weaker note, energy markets softened on the day, with the 12-month NYMEX strip down $0.07 USD/MMBtu, the 12-month Dawn strip down $0.09 CAD/GJ,…

  • March 31, 2026 – Market Update

    It’s been a mix of sunshine and rain today in Toronto. Energy markets were weaker on the day, with the 12-month NYMEX strip down $0.09 USD/MMBtu, the 12-month Dawn strip…

  • March 30, 2026 – Market Update

    A beautiful sunny Monday out in Toronto. Over the 12-month strip, NYMEX was down $0.10 USD/MMBtu on the day, while the 12-month Dawn strip fell $0.05 CAD/GJ. WTI moved higher,…

  • March 27, 2026 – Market Update

    It’s a sunny Friday afternoon here in Toronto, and the market is relatively quiet on gas but much stronger on oil. NYMEX was up just $0.01 USD/MMBtu on the day,…

  • March 26, 2026 – Market Update

    Energy markets were a bit firmer today, with the Dawn forward strip up about $0.03 CAD/GJ, NYMEX up roughly $0.02 USD/MMBtu, and WTI up $4.09 to $94.41 USD/bbl. Ontario fundamentals…

  • March 25, 2026 – Market Update

    A rather uneventful day for the market with no change to NYMEX 12-monthh futures contracts, Dawn moving up $0.01 CAD/GJ, and WTI down $1.26 USD/b to $91.09 USD/b. April is…

  • March 24, 2026 – Market Update

    A mild afternoon in Toronto and a quiet day for natural gas, while oil moved higher. The NYMEX 12-month strip was unchanged, Dawn slipped $0.01 CAD/GJ, and WTI rose $3.39…

  • March 23, 2026 – Market Update

    A sunny day in Toronto and a rather weak day for energy markets. The NYMEX 12-month forward curve fell $0.165 USD/MMBtu, Dawn 12-month forward curve dropped $0.20 CAD/GJ. A big…

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