Natural Gas Market Updates

August 8, 2025 – Market Update

Finishing off the week with NYMEX futures coming down a few more cents later in the day. The September front month settled just below $3.00 US/mm.

One more look at this weather pattern coming up in a few days. Prepare for some significant heat, Southern Ontario has been issued a heat warning with base temperatures climbing well above average to 30 degrees Celcius over the weekend, lasting until Wednesday. Gas pricing at Dawn is being pulled both ways as NYMEX falls, but demand is so strong that storage injections have switched to net withdrawals. For Dawn Futures, the scale is leaning slightly bearish for now. Both American and Canadian production remains strong.

Have a good weekend, and stay cool!

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