Direct Energy Business
Market Data For Your Home Contact Us
Market Updates

Daily Market Update September 26, 2017

Early Morning Update

The Oct17 natural gas contract is trading up $0.03 at $2.95.  Nov17 crude is down $0.37 at $51.85.



The October natural gas contract extended its five-day loss on Monday, dropping four cents to $2.919/MMBtu. Weather reports indicate above-average temperatures for the eastern portion of the country through the 20-day forecast, with some warmth extending into the Midwest and Southeast at times.  This last gasp of summer could stoke increased power burns through the last week of September, before above-average temperatures switch to a bearish factor once fall arrives in full force and normal temperatures begin to drop.  Production remains steady near 74 Bcf/d this week, and, despite the potential for higher power burns, average demand nationwide is expected to drop by nearly 8.0 Bcf/d over the next two weeks. Power prices have largely followed the gas losses over the last week, with prices for the October month dropping 30-60 cents in PJM, 15 cents in NYISO, 30 cents in MISO, and over $1.00 in ERCOT and CAISO.


Market Update 092617 

Market Settles 092517

To subscribe to Daily Market updates please visit