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Energy Market Update: October 17, 2016

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Is the managed money sector having an impact on natural gas prices? 

In the latest Energy Market Update, Tim Bigler — Direct Energy Business Energy Advisor — overviews the managed money sector's recent buying activity with the NYMEX natural gas futures contract. 

Watch the video below to learn more. 

Financial Influences at NYMEX?

The New York Mercantile Exchange (NYMEX) natural gas futures contract has rallied on increased buying activity from the managed money sector. While it is certainly not the only influence on prices, it is worth watching going forward.

Regional Power Prices Impact 

Increasing natural gas and oil prices are having an impact on power prices in heavily gas-fired regions. 

For additional energy market news and information, please visit our Market Insights page and sign up for our Daily Market Updates.

Tim Bigler, Senior Market Strategist at Direct Energy Business, is a 30+ year veteran of the U.S. natural gas, electric, and oil market.

Posted: October 17, 2016

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