October NYMEX Natural Gas Futures Contract Closed at $2.939 on Thursday, September 18th

September 19, 2025

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Thursday, September 18th saw the front-month NYMEX Natural Gas contract open at $3.060, $0.040 below Wednesday’s closing price of $3.100. Recording the intraday high of $3.076 by 9:05AM, prices traded along the $3.035 level leading up to the weekly storage publication. A report bearish injection directed the contract to withdraw as storage levels fell in line with the prior year quantity. Ticking downward to find the intraday low of $2.925 at 12:45PM, October closed lower on Thursday at $2.939.

The EIA Natural Gas Storage Report published last Thursday posted a 90 BCF injection to storage for the week ended September 12 – above the market estimate of an 83 BCF injection. Total working gas in storage was reported as 3,433 BCF; 0.1% below this time last year and 6.3% above the five-year average.

As of 6:55AM this morning in Globex, WTI Crude was down $0.350; Natural Gas was down $0.040; Heating Oil was down $0.010; and Gasoline was down $0.017.

              
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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.

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