• Natural gas futures rallied sharply last week, with the prompt-month contract gaining $0.28 to $3.20 per MMBtu and reaching its highest level since early July before pulling back late Friday.
• The EIA reported a 53-Bcf storage build, marking the sixth straight week with a lighter-than-average injection. Stocks are now 146 Bcf below year-ago levels but remain 95 Bcf above the five-year average.
• Power demand fell sharply across much of the East and Midwest as late-September temperatures moderated, with power-generation gas demand declining by 2.8 Bcf per day.
• Real-time power pricing moved broadly lower alongside softer demand, while forward markets were mixed across regions.
