Free Trial

Henry Hub Eases Back After Recovery Above Yesterday's High

NATGAS

US Henry Hub eases back slightly after rallying to trade back above the highs from yesterday to reverse the weaker start to the day.

  • Front month had yesterday dropped down below 2.5$/mmbtu after the EIA stocks data showed a build slightly above expectation but prices have since regained all those losses.
  • The return today of some LNG export terminal feedgas flows is supportive while demand continues to hold above normal, although a cooler weather forecast for northern areas may ease demand slightly.
    • US Natgas SEP 23 up 2.5% at 2.66$/mmbtu

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.