Natural Gas Market Update

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.…

Pretty quiet day with next to zero change in NYMEX future prices, but the front month’s delta off the low hit 14 cents by mid-day. Overall prices are holding steady…

Welcome back to another week, starting off with a strong sell-off of 28 cents in the March 2026 NYMEX future front month contract, settling at $3.14 US/mm, the rest of…

Another mild day to finish the week. Just a small gain for NYMEX futures, the March 2026 contract up 8 cents mid-day. St. Clair (where Dawn facilities are located) imports…

The EIA reported that for the week ending January 30, 2026 (the bulk of this past cold snap), utilities in the lower 48 states withdrew -360 bcf from storage. A…

Not much to report this Wednesday afternoon… NYMEX climbed about 4% today despite some warmer temperatures on the horizon for the US and Canada (at least, after one more brief…

Enbridge reported that as of February 1, 2026, Dawn and Tecumseh storage inventory together are sitting at 119 Bcf, meaning that over the past two weeks we had a net…

February 2026 begins with a gift that buyers were waiting for: NYMEX natural gas futures decreased by about 26%, March 2026 settling down over a dollar to $3.24 US/mm. Temperature…

Another wild day to close out the week, and month. NYMEX March 2026 is currently trading at $4.17 US/mm, up 26 cents from yesterday’s settle, with the 12-month strip also…

This morning, the EIA reported that for the week ending January 23, 2026 (shortly after this cold front materialized), the lower 48 states pulled -242 Bcf of gas out of…