Daily Natural Gas Report - October Futures (NGV26 @ 3.001) | 09.24.2026
Tim Beggans covers storage-day October holding just above $3, thin October open interest rolling into winter months, the $3 options pin into Friday expiry, ERCOT and national grid demand, the last week of extreme-heat maps, an early-October Canadian cold shot vs lingering southern warmth, the Nov–Mar winter strip testing the top of its channel, EU/UK storage (Rough still empty), Asia weather, one Ras Laffan loader, U.S. LNG with Golden Pass back near 541k, Fay plus Hurricane Polo aimed at Baja / Permian moisture, nuclear outages, Lake Gatun, and the E&P watch list.
Contract / levels:
October near 3.001–3.020, down ~2¢
Daily pivot ~3.016
First support ~2.966
Friday options expiry; Monday October futures expiry
October futures OI ~26.4k (−17k); $3 options OI ~34.3k
Storage (today):
Consensus ~+52 Bcf (range +46 to +60)
Last year +77 / 5-year average +76
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 | MGY | MTDR | NOG
Timestamps
0:00 – Open: storage day; October just over $3
0:50 – Hourly pivot & first support
1:20 – October futures OI rolling into winter
1:59 – $3 options pin into Friday expiry
2:38 – ERCOT load; gas still beats wind + solar
3:11 – National grid (PJM, MISO, CAISO)
3:39 – Last week of U.S. heat-risk maps
4:33 – Models: Calgary cold vs Houston heat
5:49 – 6-10 day & 8-14 day outlooks
6:15 – Nov–Mar winter strip vs $3.47 channel
6:49 – UK NBP; UN talks
7:12 – EU / Germany / France / Netherlands / UK storage
7:50 – Europe weather
8:24 – UK flows: Norway + LNG + draws; Rough empty
9:36 – Asia weather into early October
10:13 – Pacific storms & Hurricane Polo eyewall
10:58 – Ras Laffan (Bu Samra); U.S. LNG terminals
12:14 – Fay still 35 kt; Africa wave 70%
12:42 – Gulf quiet; Polo track toward Baja / Permian
13:42 – Hazard outlook & Saharan dust
14:10 – Nuclear outages (~7.7 GW)
15:00 – Lake Gatun / Panama Canal
15:19 – E&P watch list
15:29 – Recap & close
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