Webinars and Events Careers Login
  • About
  • Sectors
  • Solutions
  • Success Stories
  • Insights
  • Contact

About Us

  • How we help you icon How We Help
  • Sustainability Transformation What is Sustainability Transformation
  • Leadership ENGIE Impact Leadership Team
  • Leadership Leadership Team, SRM Division
  • Corporate Sustainability Corporate Sustainability
  • Consultants Meet Our Consultants
  • Newsroom Newsroom
  • Diversity and Inclusion Inclusion at ENGIE Impact
  • Briefcase Careers
Contact Us

Sectors

  • Chemicals Chemicals
  • Consumer goods Consumer Goods
  • Food Beverage Food & Beverage
  • Healthcare Healthcare
  • Hospitality Hospitality
  • Mining metals Mining & Metals
  • Pulp Paper Pulp & Paper
  • Real Estate Property Real Estate & Property
  • Restaurant Restaurant
  • Retail Retail
  • Technology Technology
  • Telecom Media Telecom, Media & Entertainment
View All Sectors
  • Expense Data Management Utility Expense Management
  • Waste Consulting Services Waste Expense Management
  • EI icon telecom media Telecom Expense Management
  • Renewable Electricity Renewable Energy
  • Energy Supply Manager Services Energy Supply Management
  • Energy Manager Services Energy Management
  • Carbon Management Carbon Management
  • Waste Icon Total Waste Management
  • Ellipse platform Ellipse - Reporting Platform
  • About
    • About
    • How we help you icon How We Help
    • Sustainability Transformation What is Sustainability Transformation
    • Leadership ENGIE Impact Leadership Team
    • Leadership Leadership Team, SRM Division
    • Corporate Sustainability Corporate Sustainability
    • Consultants Meet Our Consultants
    • Newsroom Newsroom
    • Diversity and Inclusion Inclusion at ENGIE Impact
    • Briefcase Careers
    • Contact Us
  • Sectors
    • Sectors
    • Chemicals Chemicals
    • Consumer goods Consumer Goods
    • Food Beverage Food & Beverage
    • Healthcare Healthcare
    • Hospitality Hospitality
    • Mining metals Mining & Metals
    • Pulp Paper Pulp & Paper
    • Real Estate Property Real Estate & Property
    • Restaurant Restaurant
    • Retail Retail
    • Technology Technology
    • Telecom Media Telecom, Media & Entertainment
    • View All Sectors
  • Solutions
    • Solutions
    • Gradient Capabilities SRM simplified Resource Management
      • Resource Management
      • Expense Data Management Utility Expense Management
      • Waste Consulting Services Waste Expense Management
      • EI icon telecom media Telecom Expense Management
      • Renewable Electricity Renewable Energy
      • Energy Supply Manager Services Energy Supply Management
      • Energy Manager Services Energy Management
      • Carbon Management Carbon Management
      • Waste Icon Total Waste Management
      • Ellipse platform Ellipse - Reporting Platform
      • Learn More
  • Success Stories
  • Insights
  • Webinars and Events
  • Careers
  • Login
  • Contact

Weekly Energy Market Watch

Article
See All Insights
Jonathan Lee Manager, Energy & Sustainability Analytics Intelligence
Rick Margolin Director, Renewable Advisory
Energy Market
Natural Gas
Energy Prices
United States
Canada
Renewables
June 9, 2025

Market Commentary | Week Ending 6/6/2025

Natural gas rebounds as traders focus on mid-June weather forecasts.
Subscribe For Weekly Updates


Monday 6/2

The Jul-2025 NYMEX natural gas contract jumped 24.7 cents higher to $3.694 per MMBtu after weekend weather models turned a bit more supportive for cooling demand during the middle of June and as the pace of production declined by 1.2 Bcf/day to103.7 Bcf/day. The Jul-2025 WTI crude oil contract pressed $1.73 higher to $62.52 on escalating geopolitical risk after Ukraine destroyed more than 40 Russian planes deep in Russia’s territory. Equity markets were moderately higher even after the Institute of Supply Management revealed manufacturing activity slowed during May.

Tuesday 6/3


Natural gas inched 2.8 cents higher to $3.722 even as weather models downgraded the heat in the East for the middle of June and after LNG exports slipped to 13.0 Bcf per day. Crude climbed 89 cents higher to $63.41 after wildfires in Alberta forced operators to cut output by 274,500 barrels per day. Equities advanced after Atlanta Federal Reserve President Raphael Bostic said an interest rate cut may occur before the end of the year.

Wednesday 6/4


The cost of gas dipped 0.6 cents lower to $3.716 ahead of Thursday’s storage report, which was expected to show another build around 100 Bcf that would compare to the 5-year average 98 Bcf injection. Oil closed 56 cents lower at $62.85 even after the EIA reported a 4.3-million-barrel drop in oil inventories. Stocks were mixed on the day after new private payrolls increased at a much slower pace than the month prior.

Thursday 6/5


Natural gas slipped 3.9 cents lower to $3.677 after the EIA reported a higher-than-expected 122 Bcf injection to storage, which widened the surplus compared to the 5-year average to 117 Bcf. Equities traded in the red even after President Trump and Chinese President Xi Jinping held a call to discuss tariffs. Crude settled 52 cents higher at $63.37 on hopes for a trade resolution following news that the U.S. and China agreed to more trade talks.

Friday 6/6


Natural gas pressed 10.7 cents higher to $3.784 as forecasts called an increased probability of hotter temperatures during the second half of June. Crude bounced $1.21 higher to $64.58 on escalating geopolitical tensions after Russia launched the largest air attack of the war in response to Ukraine’s drone raid. Equity markets surged higher after the Labor Department after the Labor Department reported 139,000 jobs were created during May.


Looking Ahead

Energy prices are likely to turn higher as soon as weather forecasts advertise sustained heat in the major consuming regions.

Stay On Top Of Energy Market Trends

For more insights, fill out the form below to get our full PDF report in your inbox each week.

WEMW PDF Screenshot

Jonathan Lee joined ENGIE Impact in 2009 and has produced the Energy Market Watch newsletter for 15 years. He manages the Energy & Sustainability Analytics Intelligence team, focusing on market intelligence and rate forecasting. Jonathan also has a background in Finance and Marketing.

Rick Margolin manages client projects towards the development of voluntary and compliance sustainability programs, evaluation of project opportunities, adoption, implementation and compliance. He also leads tracking of regulatory, legislative and policy environments for impacts on renewables and decarbonization markets.

Jonathan Lee Manager, Energy & Sustainability Analytics Intelligence
Rick Margolin Director, Renewable Advisory

Looking for Daily Updates?

Bookmark the Energy Price Hub to access daily updates on energy market trends in North America and Europe.

Learn More

Featured Solutions

Renewable Energy Strategy & Roadmaps

Renewable energy doesn't have to be overwhelming. Learn how ENGIE Impact's renewable energy consultants help guide organizations toward a clear, aligned strategy that achieves short and long-term objectives.
Learn More

Energy Procurement Services

When organizations find themselves challenged by the complex task of sourcing energy and managing price risk across their portfolio, ENGIE Impact is a trusted partner to procure the right power sources, at the right time, at the right price.
Learn More

ENERGY STAR Benchmarking

ENGIE Impact offers three ENERGY STAR-related services to support facility portfolio manager benchmarking, certification & regulatory reporting.
Learn More

Related

Data-Driven Savings: National Bank of Arizona's Energy Management Success Story ENGIE Impact and NFL Green: Creating a Sustainable Legacy at Super Bowl LIX The Business Case for Renewable Energy Tax Credits: Financial Benefits and Beyond
How We Help Investor Relations Contact Us Newsroom Cookie Notice Privacy Policy Ethics & Compliance Platform Expertise Sustainability Success Stories Sectors Suppliers Insights
Sign up for updates
© 2025 ENGIE Impact All rights reserved.