Energy Price Hub

Daily updates 09/26/2020

U.S. Natural Gas Giving back some recent gains as traders lock in profits following a 2-day, 22.5% rally that was inspired by a weaker-than-normal storage build. The Oct-2020 contract is 3.8 cents lower at $2.210.
U.S. Weather The 6-10 day forecast is calling for above-normal temperatures to cover much of the western third of the nation, with below-normal temperatures in much of the eastern two-thirds.
U.S. Dollar Stronger against major rivals as investors continue to digest comments from a heavy week of Federal Reserve president speeches.
Oil Sliding lower after a global oil executive said demand was still weaker than previously expected and additional flows from Libya and Egypt would fail to be absorbed. The Nov-2020 WTI contract is 11 cents lower at $40.20.
Equity Markets Moderately higher as investors hope for some progress on long-delayed talks in Congress regarding another round of fiscal stimulus.
Geopolitics EU chief negotiator Michel Barnier told the ministers from 27 member states that there was a more open atmosphere at the negotiating table with the UK as they resume talks next week.

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Natural gas dives lower late-week on a larger-than-expected storage build.
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