Market Summary

To help keep our clients ahead of the curve when it comes to their energy initiatives, CES publishes a weekly market newsletter which discusses key energy events, provides market analysis, and delivers a practical summary of current market conditions.

October 5 – 9, 2026

The NEPOOL 12-month electricity strip gained almost 6% week-over-week to $76.46/MWh. The 2027 and 2028 calendar strips saw a rise in prices, while the 2029 strip fell slightly last week. The NYMEX prompt month increased $0.19 week-over-week, landing at $3.22/MMBtu. The NYMEX rolling 12-month strip increased $0.11 week-over-week, landing at $3.16/MMBtu. Storage levels saw a net increase of 85 Bcf for the week ending October 2nd. The 12-month rolling strip for Brent was up 2.8% week-over-week to $93.06/barrel and increased for WTI by 3% to $85.72/barrel. The US and Russia have reached an agreement to secure Russian diesel for global markets.

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September 28 – October 2, 2026

The NEPOOL 12-month electricity strip fell almost 9% week-over-week to $72.27/MWh. The 2027 and 2028 calendar strips saw a decline in price, while the 2029 strip remained consistent this week. The NYMEX prompt month decreased $0.16 week-over-week, landing at $3.04/MMBtu. The NYMEX rolling 12-month strip decreased $0.13 week-over-week, landing at $3.05/MMBtu. Storage levels saw a net increase of 64 Bcf for the week ending September 25th. The 12-month rolling strip for Brent was up 1.3% week-over-week to $90.50/barrel and for WTI by 2% to $83.26/barrel. Peace talks between the U.S. and Iran remain inconclusive.

September 21 – 25, 2026

The NEPOOL 12-month electricity strip fell 2.62% week-over-week to $79.33/MWh. The 2027 and 2028 calendar strips saw a decline in price, while the 2029 strip increased this week. The NYMEX prompt month increased $0.28 week-over-week, landing at $3.20/MMBtu. The NYMEX rolling 12-month strip increased $0.07 week-over-week, landing at $3.17/MMBtu. Storage levels saw a net increase of 53 Bcf for the week ending September 18th. The 12-month rolling strip for Brent was down 0.1% week-over-week to $89.34/barrel and for WTI by 3.7% to $81.64/barrel. The U.S. and Iran have resumed diplomatic talks at the United Nations.

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September 14 – 18, 2026

The NEPOOL 12-month electricity strip fell 2% week-over-week to $81.46/MWh. The 2027 calendar strip saw minimal movement, while the 2028 and 2029 strips both increased this week. The NYMEX prompt month increased $0.08 week-over-week, landing at $2.91/MMBtu. The NYMEX rolling 12-month strip decreased $0.03 week-over-week, landing at $3.10/MMBtu. Storage levels saw a net increase of 44 Bcf for the week ending September 11th. The 12-month rolling strip for Brent was up 1.3% week-over-week to $89.44/barrel and for WTI by 1.6% to $84.76/barrel. Hostilities continue in the Middle East, with energy infrastructure being targeted.

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September 7 – 11, 2026

The NEPOOL 12-month electricity strip rose 1.31% week-over-week to $83.12/MWh. The calendar strips for 2027, 2028, and 2029 all increased this week as well. The 12-month rolling strip for Brent was up 5.1% week-over-week to $88.34/barrel and for WTI by 4.9% to $83.40/barrel. Hostilities continue in the Middle East, with energy infrastructure being targeted. The NYMEX prompt month went down $0.14 week-over-week, landing at $2.83/MMBtu. The NYMEX rolling 12-month strip decreased $0.03 week-over-week, landing at $3.14/MMBtu. Storage levels saw a net increase of 40 Bcf for the week ending September 4th.

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August 31 – September 4, 2026

The NEPOOL 12-month electricity strip rose 2.09% week-over-week to $82.05/MWh. The calendar strips for 2027, 2028, and 2029 all increased slightly this week as well. The NYMEX prompt month went up $0.09 week-over-week, landing at $2.98/MMBtu. The NYMEX rolling 12-month strip stayed at $3.17/MMBtu week-over-week. Storage levels saw a net increase of 30 Bcf for the week ending August 28th. The 12-month rolling strip for Brent was up 2.7% week-over-week to $84.08/barrel and for WTI by 4.5% to $79.53/barrel. The US and Iran have exchanged strikes again, triggering yet another escalation in the Strait of Hormuz.

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August 24 – 28, 2026

The NEPOOL 12-month electricity strip fell 1.86% week-over-week to $80.37/MWh. The 2027 calendar strip fell 1.6%, while the 2028 and 2029 strips both gained around 1.1% this week. The NYMEX prompt month went up $0.12 week-over-week, landing at $2.89/MMBtu. The NYMEX rolling 12-month strip went up $0.06 week-over-week to $3.17/MMBtu. Storage levels saw a net increase of 15 Bcf for the week ending August 21st. The 12-month rolling strip for Brent fell 3.7% week-over-week to $81.85/barrel and for WTI by 3.2% to $76.10/barrel. The US and Iran have exchanged attacks over the weekend, leading to a jump in prices following this weekly decline.

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August 17 – 21, 2026

The NEPOOL 12-month electricity strip rose 2.8% week-over-week to $81.89/MWh. Calendar strips for the next three years all increased over the past week, ranging from 2.5% in the near-term to 0.9% in 2029. The NYMEX prompt month went up $0.04 week-over-week, landing at $2.77/MMBtu. The NYMEX rolling 12-month strip went down $0.03 week-over-week to $3.10/MMBtu. Storage levels saw a net increase of 16 Bcf for the week ending August 14th. The 12-month rolling strip for Brent was up 5.2% week-over-week to $85.02/barrel and for WTI by 3.2% to $78.62/barrel. The US is unveiling new economic sanctions as hostilities with Iran continue.

August 10 – 14, 2026

The NEPOOL 12-month electricity strip rose 1.83% week-over-week to $79.66/MWh. Calendar strips for 2028 and 2029 saw a slight decline over the past week, while the near-term 2027 strip increased. The NYMEX prompt month went up $0.07 week-over-week, landing at $2.73/MMBtu. The NYMEX rolling 12-month strip stayed the same week-over-week at $3.13/MMBtu. Storage levels saw a net increase of 37 Bcf for the week ending August 7th. The 12-month rolling strip for Brent was up 4.6% week-over-week to $80.85/barrel and for WTI by 4.5% to $76.20/barrel. The U.S.-Iran MoU expires today with no agreement in sight.

August 3 – 7, 2026

The NEPOOL 12-month electricity strip fell 4.8% week-over-week to $78.22/MWh. Calendar strips for 2027 and 2028 saw a decline over the past week, while the 2029 strip experienced upward movement. The NYMEX prompt month went down $0.09 week-over- week, landing at $2.66/MMBtu. The NYMEX rolling 12-month strip decreased by $0.06/MMBtu to $3.13/MMBtu. Storage levels saw a net increase of 33 Bcf for the week ending July 31st. The 12-month rolling strip for Brent was down 3.7% week-over-week to $77.32/barrel and for WTI by 2.6% to $72.92/barrel. US and Iran are still in negotiations regarding the Strait of Hormuz.

JULY 27 – 31, 2026

The NEPOOL 12-month electricity strip fell 4.8% week-over-week to $82.18/MWh. Calendar strips for 2027 through 2029 saw a decline over the past week, ranging from 3.4% in the near term to 0.6% in the outer year. The NYMEX prompt month went down $0.12 week-over-week, landing at $2.75/MMBtu. The NYMEX rolling 12-month strip decreased by $0.05/MMBtu to $3.18/MMBtu. Storage levels saw a net increase of 28 Bcf for the week ending June 24th. The 12-month rolling strip for Bren was down 4% week-over-week to $80.33/barrel and for WTI by 3.7% to $74.89/barrel. US and Iran have halted attacks in favor of peace and disarmament discussions.

July 20 – 24, 2026

The NEPOOL 12-month electricity strip gained 4.5% week-over-week to $86.34/MWh. All of the calendar strips for 2027 through 2029 saw a rise over the past week, ranging from 3.6% in the near term to 1.5% in the outer year. The NYMEX prompt month went down $0.04 week-over-week, landing at $2.87/MMBtu. The NYMEX rolling 12-month strip increased by $0.06/MMBtu to $3.23/MMBtu. Storage levels saw a net increase of 32 Bcf for the week ending June 17th. The 12-month rolling strip for Brent was up 2.9% week-over-week to $83.68/barrel and for WTI by 1.2% to $77.74/barrel. Renewed tensions in the Persian Gulf are causing upward pressure in crude oil markets.

JULY 13 – 17, 2026

The NEPOOL 12-month electricity strip gained 3.32% week-over-week to $82.62/MWh. The 2027 and 2028 strips saw a rise over the past week while the 2029 strip held constant. The NYMEX prompt month went down $0.03 week-over-week, landing at $2.91/MMBtu. The NYMEX rolling 12-month strip decreased by $0.03/MMBtu to $3.17/MMBtu. Storage levels saw a net increase of 41 Bcf for the week ending June 10th. The 12-month rolling strip for Brent was up 9% week-over-week to $81.34/barrel and for WTI by 9.4% to $76.80/barrel. Renewed tensions in the Persian Gulf are exerting upward pressure on crude oil markets.

JULY 6 – 10, 2026

The 12-month rolling strip for Brent was up 4% week-over-week to $74.71/barrel and for WTI by 3.5% to $70.39/barrel. Refreshed tensions in the Persian Gulf are causing upward pressure in crude oil markets. The NYMEX prompt month went down $0.18 week-over-week, landing at $3.01/MMBtu. The NYMEX rolling 12-month strip decreased by $0.10/MMBtu to $3.24/MMBtu. Storage levels saw a net increase of 61 Bcf for the week ending June 3rd. The NEPOOL 12-month electricity strip gained almost 5% week-over-week to $81.69/MWh. The 2027 and 2029 strips saw a rise over the past week while the 2028 strip held constant.