Tim Beggans covers November expiration day with a relief rally still sitting below the 13- and 48-period EMAs and very little open interest left. Also: December becoming spot tomorrow with a +67 Bcf storage setup versus last year +75 and the five-year +77, the next two weeks turning bearish on warm weather, a Jan–Dec spread still wide under Super El Niño conditions, the winter strip flushing below its channel, warm 6–10 and 8–14 day outlooks into mid-November, EU storage peak

In today's Daily Natural Gas Report for Tuesday, October 27, 2026, Tim Biggins breaks down the latest market drivers on November contract option expiration day. We look at price action and technicals for the November futures contract, calendar spreads, domestic power grid demand, and US temperature forecasts. We also take a deep dive into European gas storage levels, Norwegian pipeline flows, UK energy dynamics, Asian LNG demand, and feedgas delivery updates across major US L

Top News for Natural Gas: 1.) Weather models still too warm 2.) NG falls to late April low 3.) Global LNG prices hitting 3-year high 4.) November futures expire Wednesday In today’s natural gas market update for Monday, October 26, 2026, Elk Trading Company President Tim Beggans breaks down the latest market-moving news across US spot contracts and global energy markets. We cover why US spot November futures (NGX26) are gapping lower toward late-April lows near $2.49 ahea

Source: EIA This Week's Main Drivers: • EIA storage: +77 BCF vs. +82 BCF expected, +86 BCF last year and the +87 BCF five-year average. South Central inventories are 125 BCF below last year. • Mild weather forecasts are pressuring November futures as the market approaches contract expiration. • Glenfarne seeks a five-year extension for Texas LNG's export deadline in Brownsville. • Qatar's LNG logistics remain in focus: a cargo transited the Suez Canal toward Europe, while Fra

Source: Google Maps In the classic cups-and-balls trick, the challenge is figuring out where the ball went. In today’s LNG market, Qatar is making the cargoes harder to track. The Strait of Hormuz remains the critical chokepoint. With the Iran conflict disrupting shipments, Qatar has been forced to improvise to keep LNG moving from Ras Laffan. According to Bloomberg’s October 14 reporting, QatarEnergy has deployed an unusual workaround: an older LNG carrier, sailing without A

In this natural gas market recap, Tim Beggans breaks down the price action for the spot November contract (NGX26) as prices test critical support levels heading into the weekend. We analyze technical indicators, weather outlooks, EIA storage figures, European & Asian gas dynamics, power burn metrics, and energy equities. Key Topics Covered: • Technical analysis: 13/48 EMAs, daily pivot, and support levels • EIA storage report recap and regional breakdown • 6–10 and 8–14 day U

Tim Beggans covers storage day with November still under pressure from mild temperatures and Freeport volatility, though a possible bullish candlestick is forming. Also: expectations near +82 Bcf versus last year +86 and the five-year +87, open interest above 222k with less than a week to expiration, heavy put open interest at the 2.75 strike, light ERCOT wind supporting gas share, quieter power markets, warm 6–10 and 8–14 day outlooks, a Nov–Dec spread testing the 50-day, UK

Tim Beggans covers a sharp break that took November below the 2.90 support and outside the recent range, with the 13- and 48-period EMAs crossing down. Also: warm 6–10 and 8–14 day forecasts, Freeport volatility, open interest above 173k with one week left until expiration, light ERCOT wind supporting gas share, power spikes in the Northeast, a Nov–Dec spread targeting the 50-day, UK net withdrawals with Rough still empty, EU storage at 74.6%, Hurricane Chambi toward Taiwan t