MNI: PBOC Net Injects CNY28.8 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Higher At 7.1854 Thurs; -1.13% Y/Y

MNI BRIEF: Ontario To Cut U.S. Energy Flows When Tariffs Hit

MNI: BRAZIL'S COPOM RAISES SELIC RATE BY 100BPS TO 12.25%

MNI BRIEF: US Budget Deficit $367B In Nov; FYTD Record $624B

MNI China Daily Summary: Wednesday, December 11

MNI:AUSTRALIA NOV UNEMPLOYMENT RATE +3.9%

MNI: US NOV TREASURY BUDGET -$366.8B

EZ/UK Bond Supply Calendar: BTP Auction on Thursday

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 Maintains Bullish Trend

NATGAS

Henry Hub remains in a bullish trend, although has eased back on some of its earlier gains which were driven by a smaller than expected US storage injection.

  • US Natgas JUN 24 up 2.8% at 2.48$/mmbtu
  • US Natgas NOV 24 up 1% at 3.11$/mmbtu
  • US Henry Hub front month extends earlier gains after a smaller than expected injection into US natural gas storage according to the latest weekly EIA data.
  • The EIA weekly gas inventories for the week ending May 10 showed an injection of 70bcf compared to the expectation for an injection of 77bcf according to a Bloomberg survey and the seasonal normal injection of 88bcf.
  • US storage inventories continue to hold a strong surplus with total stocks at 2,633bcf compared to the previous five year average of 2,013bcf.
  • Kinder Morgan Natural Gas Pipeline Company has extended maintenance in Montgomery County, Texas through the end of August, Bloomberg said.
  • US terminal feedgas flows have returned to levels seen last weekend at 13.23bcf/d today according to Bloomberg.
  • US domestic natural gas production was yesterday at 99.3bcf/d according to Bloomberg compared to an average of 100.1bcf/d over the previous week.
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.