MNI BRIEF: Fed's Bostic In Wait And See Mode On Rates

MNI BRIEF: Fed's Collins Expects Tariffs To Raise Prices

MNI: US JAN MANUF FINAL PMI 51.2 (FLASH 50.1); DEC 49.4

MNI BRIEF: Fed's Goolsbee Supports Slowing Rate Cuts

MNI BRIEF: US Dec Core PCE Inflation In Line With Expectations

MNI BRIEF: Fed's Bowman Wants Inflation Progress Before Cuts

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

EZ/UK T-Bill Calendar: Spain, Belgium, ESM Auction on Tuesday

MNI: US DEC CONSTRUCT SPENDING +0.5%

GERMANY: Economy Ministry Lowers 2025 Growth Forecast As Expected

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

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

NATGAS: Henry Hub Extends Losses After 116 Bcf Stock Draw Last Week

NATGAS
USEnergy BulletsNorth AmericaBulletPower BulletsCommodities

Henry Hub is sharply extending its earlier losses following EIA data showing a slightly below expectation stock withdrawal. Front month is at its lowest since Dec. 18 despite the draw coming in above the five-year average.

  • US Natgas FEB 25 down 7% at 3.41$/mmbtu
  • US Natgas MAR 25 down 4.7% at 2.99$/mmbtu
  • The EIA weekly gas inventories for the week ending Dec. 27 showed a withdrawal of 116 bcf.
  • Bloomberg predicted a draw of 126 bcf. The WSJ predicted a draw of 131 bcf while Reuters foresaw a smaller withdrawal of 124 bcf.
  • The seasonal five-year average shows a net withdrawal of around 104 bcf.
  • Total stocks are at 3,413 bcf compared to the previous five-year average of 3,259 bcf and 67 bcf below levels seen a year ago.
123 words

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.

Henry Hub is sharply extending its earlier losses following EIA data showing a slightly below expectation stock withdrawal. Front month is at its lowest since Dec. 18 despite the draw coming in above the five-year average.

  • US Natgas FEB 25 down 7% at 3.41$/mmbtu
  • US Natgas MAR 25 down 4.7% at 2.99$/mmbtu
  • The EIA weekly gas inventories for the week ending Dec. 27 showed a withdrawal of 116 bcf.
  • Bloomberg predicted a draw of 126 bcf. The WSJ predicted a draw of 131 bcf while Reuters foresaw a smaller withdrawal of 124 bcf.
  • The seasonal five-year average shows a net withdrawal of around 104 bcf.
  • Total stocks are at 3,413 bcf compared to the previous five-year average of 3,259 bcf and 67 bcf below levels seen a year ago.