4 posts · All commentary
Natural gas futures fell 15.3% as a warm early-November outlook hit the prompt contract, while a lean 77 Bcf build and strong LNG demand set up the winter roll.
1–3 mo Cautious was Balanced6–12 mo Supportive was Constructive
Natural gas fell 3.2% last week as a light +67 Bcf storage build lost out to mild El Niño weather; Thursday's EIA report and November expiry come next.
3–6 mo Balanced was Supportive6–12 mo Constructive was Balanced
Natural gas rallied 6.1% as Hurricane Isaias and a thin storage cushion lifted November; with the storm gone, the winter weather fight now takes center stage.
1–3 mo Balanced was Cautious3–6 mo Supportive was Cautious
Natural gas fell 5.9% last week as an in-line +64 Bcf build and mild El Niño weather pressured November; the STEO and Thursday's EIA report come next.
1–3 mo Cautious was Balanced6–12 mo Balanced was Cautious
See a full daily report, exactly as members saw it a week ago.
Open a sample reportArrows show which way each number moved. Green means the move usually supports natural-gas prices; red means it usually weighs on them. More production is red because extra supply tends to push prices down. More LNG feedgas is green because exports take gas out of the US market. Storage is judged against the 5-year average for the same date, so a normal-sized build stays grey. Grey means the figure is smaller than half its usual size over the past year (for a day change, half the usual daily move). It’s a rule of thumb, not a forecast: the outlook weighs everything together. Degree days keep their warm and cool words; the number is coloured by what it means for prices, except on the Degree Days pages, where word and number both keep the temperature colour.
Arrows show which way each number moved. Green means it went up, red that it went down; prices are green when they rise. Grey means the figure is smaller than half its usual size over the past year (for a day change, half the usual daily move). Degree days keep their warm and cool words; the number is coloured by which way it moved, except on the Degree Days pages, where word and number both keep the temperature colour.
Thresholds last worked out on 5 Oct 2026 from the year before.