Daily Natural Gas Report - October Futures (NGV26 @ 2.788) | 09.10.2026
Tim Beggans covers a third straight down day in October NG, today’s storage print, failed 13/48 EMA crossover, possible 114 Bcf/d production, WTI over $100 and a closed Hormuz, the Jan–Oct spread rebound, ERCOT demand with weak wind, lingering Texas heat vs incoming northern fall, Europe/Asia weather and storage, U.S. LNG feedgas, quiet tropics and Saharan dust, Anak Krakatau / Java Trench quakes, and the E&P watch list.
Contract / levels:
October near 2.778–2.788, down ~3–4¢
No 13/48 EMA crossover
Daily pivot ~2.843
First support ~2.778
Hourly RSI turning up from oversold
Storage (today):
Expected ~+31 Bcf vs last year +69 and 5-year average +52 (historically bullish)
NG Stock Watch List Oil & Gas EMP Sector
Market Cap 2-10B, High short float over 10%
BKV | CNX | CRGY | CRK | LB | MTDR | NOG
Timestamps
0:00 – Open: three-day selloff, no EMA crossover
0:37 – Storage-day setup (+31 vs +69 / +52)
1:10 – Hourly chart, pivot & first support
1:36 – WTI over $100; Hormuz closed
2:08 – Jan vs October spread rebound
2:45 – ERCOT load, low wind, gas share of fuel mix
3:32 – National grid skipped; heat-risk maps
4:34 – Models past Sept 17; Calgary heaters on
5:21 – Solar equinox Sept 22
5:38 – 6-10 day & 8-14 day outlooks
6:09 – Europe weather
6:54 – EU / UK storage
7:31 – Asia weather & temperatures
8:30 – Ras Laffan empty; Hormuz traffic
8:54 – U.S. LNG terminals
10:05 – Tropics, Gulf moisture, Africa waves
10:43 – Hazard outlook & Saharan dust
11:16 – Anak Krakatau & Java Trench quakes
12:06 – E&P watch list
12:27 – Recap & close
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