Energy Market Update: May 15, 2017

How is buying activity by managed money traders impacting energy prices? 

In this week's Energy Market Update, Tim Bigler — Direct Energy Business Energy Strategist — overviews the latest NYMEX natural gas futures contract information. 

Watch the video below to learn more. 

NYMEX Natural Gas Futures Market 

Recently, buying from the managed money sector has slightly outweighed selling from the producer sector, which may be contributing to higher natural gas prices. 

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2018 Regional Natural Gas Prices

Across the board, natural gas prices have ticked upwards due to recent buying activity related to the NYMEX natural gas futures contract and different pipeline expansions. 

2018 Regional Power Prices

As power prices are highly correlated to natural gas prices, they have also increased in regions that rely heavily on natural gas-fired generation. 

Stay tuned to the Direct Energy Business Blog for the latest energy market news and information. 

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