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

Daily Market Update September 13, 2021

Early Morning Update

The Oct ‘21 natural gas contract is trading up $0.23 at $5.17. The Oct ‘21 crude oil contract is up $0.87 at $70.59.


The NYMEX natural gas market has continued its upward trajectory and experienced even further volatility. On Wednesday alone the prompt month of October saw a positive change of nearly $0.35/MMBtu. Though settle was $4.914/MMBtu, the upward trajectory was enough to bring prices over the edge of the $5.00/MMBtu mark. Though Friday receded, the $5 ceiling has been broken fairly easily and movement as of this morning is already well past that mark. For a Monday morning, it is not common to exceed a $0.10/MMBtu movement, but trades have increased the trading price by nearly $0.14/MMBtu by 8am EST. In the short term, the supply demand spread has decreased as temperatures remain relatively moderate while supply is starting to increase as production comes back online following the impacts of Hurricane Ida. Speaking of storms, tropical storm Nicholas is poised to bring heavy rain and potential for flash flooding to South Eastern Texas, though confidence in the exact path of the storm is low.


Market Update 09 13 2021

Market Settles 09 10 2021


To subscribe to Daily Market updates please visit