Natural Gas Market Update

The week finishes off without much volatility in NYMEX futures trading as meteorologists expect a strong likelihood of warmer temperatures for the entire lower 48 in early March. Although this…

As expected, the lower 48 states withdrew a mere -52 Bcf from storage over the past reporting week, bringing US gas inventories back to the 5-year average, and marking an…

Ontario and the US Northeast as a whole are forecasted by the Euro ENS to follow the same pattern in average temperatures over the next couple weeks: first briefly dipping…

An update for Dawn customers: some of the maintenance work being done on the GLGT pipeline wrapped up today a few days ahead of schedule, restoring its 1,510 MMcf/d capacity…

Another quiet day to kick off the week without much to update, besides on the weather front. NOAA’s near-term temperature forecasts are expecting warmth on the way for the most…

Pretty bland week for NYMEX prices, futures having held more or less at where they settled after Tuesday’s sell off, and the same pattern for cash prices at Dawn. With…

The lower 48 states withdrew -144 Bcf from storage this past reporting week, only a couple Bcf less than experts forecasted. The market did not move much in response, NYMEX…

Gas markets were down again today, but with some cold on the way for both the USA and Canada, futures ultimately settled basically unchanged from yesterday. Most of the cold…

A big sell to kick off the week, the March 2026 front month contract settling down 21 cents to $3.03 US/mm, and the following 11 months settling down about 12…

No spooks this Friday the 13th, another day without much NYMEX movement. The March front month contract is currently up only 0.5% at $3.23 US/mm, other contracts across the curve…

The EIA reported that for the week ending February 6 (when Fern’s impacts were dissipating), there was a -249 Bcf withdrawal from the L48’s storage. Inventories are now about 6%…

Another day without much NYMEX activity or other updates to report. NYMEX futures prices creeped up, but only gained a few cents per contract by the end of the day.…