October NYMEX Natural Gas Futures Contract Closed at $2.835 on Friday, September 26th

September 29, 2025

Overhead view of scattered black and white newspapers with visible headlines and articles, creating a textured background.

Friday, September 26th saw the front-month NYMEX Natural Gas contract open at $2.881, $0.023 below Thursday’s closing price of $2.904. October settled lower on Friday at $2.835.

Ready to assume the front-month position, the November contract opened $0.007 lower at $3.192. Falling to an intraday low of $3.122 at 9:55AM, prices recovered to opening-territory levels by midday. Recording this intraday high of $3.211 at 2:25PM, November closed higher on Friday at $3.206; up 0.5% on the week.

The EIA Natural Gas Storage Report published last Thursday posted a 75 BCF injection to storage for the week ended September 19 – in line with the market estimate of a 79 BCF injection. Total working gas in storage was reported as 3,508 BCF; 0.6% above this time last year and 6.1% above the five-year average.

As of 6:15AM this morning in Globex, WTI Crude was down $1.100; Natural Gas was up $0.004; Heating Oil was down $0.035; and Gasoline was down $0.015.

For access to Sprague’s full Natural Gas Market Watch Report including commentary not posted here, please send your request to natgas@spragueenergy.com or call 1-855-466-2842

This market update is provided for information purposes only and is not intended as advice on any transaction nor is it a solicitation to buy or sell commodities. Sprague makes no representations or warranties with respect to the contents of such news, including, without limitation, its accuracy and completeness, and Sprague shall not be responsible for the consequence of reliance upon any opinions, statements, projections and analyses presented herein or for any omission or error in fact. The views expressed in this material are through the period as of the date of this report and are subject to change based on market and other conditions. This document contains certain statements that may be deemed forward-looking statements. Please note that any such statements are not guarantees of any future performance or results and actual results or developments may differ materially from those projected. The whole or any part of this work may not be reproduced, copied, or transmitted or any of its contents disclosed to third parties without Sprague’s express written consent.