FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Henry Hub Continues Fall During Day

NATGAS

The Henry Hub market is continuing its downtrend today consistently high output levels. This is despite warmer summer weather pushing up natural gas consumption via cooling demand.

  • US Natgas JUL 24 down 4.6% at 2.78$/mmbtu
  • US Natgas DEC 24 down 1.5% at 3.78$/mmbtu
  • The EIA weekly gas inventories will be released tomorrow due to the US holiday yesterday.
  • Domestic natural gas demand is today estimated slightly lower at 73.36bcf/d according to Bloomberg but remains well above the previous five-year seasonal range.
  • Cooling demand is expected to remain strong with the latest NOAA 6-14 day forecast still showing above normal temperatures across most of the US through the end of the month.
  • US domestic natural gas production was yesterday unchanged on the day at 100.4bcf/d according to Bloomberg and holding in line with the average seen so far this month.
  • US LNG export terminal feedgas flows are today at 13.11bcf/d, according to Bloomberg, with Sabine Pass LNG supplies recovering after a further dip yesterday.
Homepagemarkets-real-timeCommoditiesEnergy BulletsBulletPower Bullets
Homepagemarkets-real-timeCommoditiesEnergy BulletsBulletPower Bullets

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.