Daily Natural Gas Report - October Futures (NGV26 @ 2.944) | 09.17.2026
Tim Beggans covers storage-day October NG stuck between the 13- and 48-period EMAs, a possible run at the $3 options cluster, the February / El Niño fade watch, ERCOT and a volatile national grid (PJM spiked to $4,000/MWh yesterday), lingering Dallas–St. Louis heat, Europe/UK storage (Germany off target, UK ~33% full), Typhoon Dewan heading toward Japan during Silver Week, quiet Hormuz plus Houthi/Bab el-Mandeb risk, U.S. LNG feedgas with Cameron recovering, a quiet Atlantic, El Niño flipping toward neutral by spring 2027, and the E&P watch list.
Contract / levels:
October near 2.915–2.944, up ~2–5¢
Stuck between the 13- and 48-period EMAs
Daily pivot ~2.916
First resistance ~2.953
Second resistance / $3 cluster ~3.016
Storage (today):
Consensus ~+49 Bcf (cluster +47 to +52)
Last year +87 / 5-year average +74
Next week also set up bullish vs last year and the 5-year
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: October bid, EMAs, storage-day ranges
1:13 – Hourly pivot, $3 options cluster
1:50 – February contract & El Niño fade
2:13 – ERCOT load, low wind, gas share of fuel mix
2:33 – National grid volatility (PJM, SPP, MISO, NYISO)
3:29 – U.S. heat-risk maps
4:12 – Extended models; fall approaching
4:46 – 6-10 day & 8-14 day outlooks
5:20 – EU / UK / Germany storage
6:01 – Europe weather
6:46 – UK NBP & detailed UK storage / LNG tanks
8:12 – Asia weather; Typhoon Dewan & Japan Silver Week
9:49 – Ras Laffan loader; Hormuz & Bab el-Mandeb
10:26 – U.S. LNG terminals (Cameron recovering)
11:46 – Tropics, Gulf flow, jet stream
12:50 – Hazard outlook & Saharan dust
13:29 – El Niño watch into spring/summer 2027
14:04 – E&P watch list
14:21 – Recap & close
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