MNI BRIEF: Treasury's Yellen: Inflation Moving To Fed's Target

MNI BRIEF: China State Planner To Increase Trade-in Support

MNI China Daily Summary: Thursday, July 25

MNI: PBOC Conducts CNY200 Bln via MLF Thurs; Rate Cut

MNI: PBOC Sets Yuan Parity Lower At 7.1321 Thurs; -1.92% Y/Y

CHINA PBOC CONDUCTS CNY235.1 BILLION VIA 7-DAY REVERSE REPOS THURS

US Treasury Auction Calendar

EZ/UK Bond Supply Calendar: BoE Short APF Operation on Monday

LFS Employment Growth Exceeds RNS Estimates In Q2

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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

Henry Hub Maintains Upward Trajectory

NATGAS
Homepagemarkets-real-timeCommoditiesEnergy BulletsBullet

Henry Hub front month is continuing its upward trajectory to reach its highest level since January. Support comes from concerns over US production. This is despite ongoing disruption to US LNG export terminal feedgas flows.

  • US Natgas JUN 24 up 3.6% at 2.72$/mmbtu
  • US Natgas NOV 24 up 1.6% at 3.2$/mmbtu
  • US terminal feedgas flows are at 12.34bcf/d today according to Bloomberg. Flows to Sabine Pass and Cameron are still curtailed while Corpus Christi supply has also dropped by around 0.55bcf/d today.
  • US domestic natural gas production is today estimated at 99.9bcf/d according to Bloomberg. Production has averaged 99.9bcf/d so far in May and was 99.6bcf/d in April compared to around 101bcf/d this time last year.
  • Domestic natural gas demand has edged slightly higher today up to 67.9bcf/d according to Bloomberg. The weather forecast is relatively unchanged since last week in the 6-10 day period although northern areas have moved warmer and back toward normal in the 8-14 day period according to NOAA.
163 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 front month is continuing its upward trajectory to reach its highest level since January. Support comes from concerns over US production. This is despite ongoing disruption to US LNG export terminal feedgas flows.

  • US Natgas JUN 24 up 3.6% at 2.72$/mmbtu
  • US Natgas NOV 24 up 1.6% at 3.2$/mmbtu
  • US terminal feedgas flows are at 12.34bcf/d today according to Bloomberg. Flows to Sabine Pass and Cameron are still curtailed while Corpus Christi supply has also dropped by around 0.55bcf/d today.
  • US domestic natural gas production is today estimated at 99.9bcf/d according to Bloomberg. Production has averaged 99.9bcf/d so far in May and was 99.6bcf/d in April compared to around 101bcf/d this time last year.
  • Domestic natural gas demand has edged slightly higher today up to 67.9bcf/d according to Bloomberg. The weather forecast is relatively unchanged since last week in the 6-10 day period although northern areas have moved warmer and back toward normal in the 8-14 day period according to NOAA.