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Daily Natural Gas Report - July Futures (NGN26 @ 3.159) | 06.18.2026

  • Writer: Timothy Beggans
    Timothy Beggans
  • Jun 18
  • 2 min read

Timestamps

00:00 - Introduction & Storage Day Expectations

00:28 - July Spot Contract Analysis (RSI & Hourly Chart)

01:02 - Injection Spreads: Jan vs. Oct

01:23 - Novi through March Strip Analysis

01:43 - 8 to 14 Day Weather Outlook (U.S. Temperature)

02:12 - Global Tropical Hazard Outlook & GFS Model

03:34 - Remnants of Tropical Storm Arthur & Drought Map

04:26 - Saharan Air Layer & ERCOT Grid Load Records

04:56 - Nuclear Fleet Update: South Texas Unit 2 Outage

05:11 - PJM & ERCOT Power Grid Pricing

05:25 - European Temperature Anomalies & Storage Picture

06:04 - Asia Weather Outlook (Japan, South Korea, China)

06:18 - Global LNG Market: Tanker Movement & Strait of Hormuz

06:49 - US LNG Facility Utilization (Cameron, Freeport, Sabine Pass)

07:32 - Plaquemines & Golden Pass Project Updates

08:10 - Oil & Gas E&P Stock Performance (Short Floats)

08:21 - Recap & Closing Thoughts


Key Highlights:


Storage Expectations: We're looking at a projected build of +74 to +75 BCF. Compare this to last year's +97 and the 5-year average of +73.

Market Technicals: A deep dive into the July spot contract, RSI trends, and key resistance/support levels (3.180 pivot).

Grid Alerts: ERCOT is hitting record-breaking loads (85,624 MW) while South Texas Unit 2 is offline, potentially pushing natural gas market share higher.

Weather Watch: Analyzing the 8-14 day outlook, the remnants of Tropical Storm Arthur, and how the "Saharan Air Layer" is impacting storm development.

Global LNG: Updates on tanker traffic in the Strait of Hormuz and utilization rates across US facilities like Cameron, Freeport, and the record-breaking Plaquemines.

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NG Stock Watch List Oil & Gas EMP Sector

Market Cap 2-10B, short float over 10%

BKV | CNX | CRGY | CRK | MGY | MTDR | NOG


 
 
 

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