This is a test from mni

TRUDEAU SAYS TARIFFS WILL BE PAUSED FOR AT LEAST 30 DAYS

MNI BRIEF: US Treasury Lowers Q1 Borrowing Estimate By $9B

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

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

MNI BRIEF: Fed's Goolsbee Supports Slowing Rate 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

US NATGAS: Henry Hub Regains Ground Ahead of EIA Storage Data

US NATGAS
USEnergy BulletsNorth AmericaBulletCommodities

Henry Hub Mar25 is regaining some ground today from a low of $3.06/mmbtu yesterday ahead of the updated EIA storage data and following the Feb. contract expiry yesterday.

  • The EIA weekly gas inventories for the week ending Jan. 24 will be released this afternoon at 10:30 ET (15:30BST). The expectation is for a draw of 315bcf according to a Bloomberg survey following a draw of 223bcf the previous week. The seasonal normal is a draw of around 189bcf.
  • Lower 48 natural gas demand is today below normal for only the second day this year at 95.7bcf/d, according to Bloomberg. The NOAA 6-14 day forecast is relatively unchanged on the day with above normal temperatures forecast in the south.  Average Lower 48 temperatures suggest potential for cooler temperatures in the second week of Feb.
  • US domestic natural gas production is estimated at 105.4bcf/d today after reaching the highest since Jan. 3 yesterday at 106bcf/d, according to Bloomberg.
  • US LNG export terminal feedgas is at 14.50bcf/d today, according to Bloomberg with a recovery in supply to Corpus Christi and Freeport.  Flows yesterday were revised down to 13.64bcf/d.
  • Export flows to Mexico was again unchanged on the day at 6.3bcf/d today, according to Bloomberg.
  • Nymex Henry Hub daily aggregate traded futures was at 498k on Jan. 29.
    • US Natgas MAR 25 up 1.3% at 3.21$/mmbtu
    • US Natgas APR 25 up 1.2% at 3.24$/mmbtu
    • US Natgas FEB 26 up 0.5% at 4.41$/mmbtu
229 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 Mar25 is regaining some ground today from a low of $3.06/mmbtu yesterday ahead of the updated EIA storage data and following the Feb. contract expiry yesterday.

  • The EIA weekly gas inventories for the week ending Jan. 24 will be released this afternoon at 10:30 ET (15:30BST). The expectation is for a draw of 315bcf according to a Bloomberg survey following a draw of 223bcf the previous week. The seasonal normal is a draw of around 189bcf.
  • Lower 48 natural gas demand is today below normal for only the second day this year at 95.7bcf/d, according to Bloomberg. The NOAA 6-14 day forecast is relatively unchanged on the day with above normal temperatures forecast in the south.  Average Lower 48 temperatures suggest potential for cooler temperatures in the second week of Feb.
  • US domestic natural gas production is estimated at 105.4bcf/d today after reaching the highest since Jan. 3 yesterday at 106bcf/d, according to Bloomberg.
  • US LNG export terminal feedgas is at 14.50bcf/d today, according to Bloomberg with a recovery in supply to Corpus Christi and Freeport.  Flows yesterday were revised down to 13.64bcf/d.
  • Export flows to Mexico was again unchanged on the day at 6.3bcf/d today, according to Bloomberg.
  • Nymex Henry Hub daily aggregate traded futures was at 498k on Jan. 29.
    • US Natgas MAR 25 up 1.3% at 3.21$/mmbtu
    • US Natgas APR 25 up 1.2% at 3.24$/mmbtu
    • US Natgas FEB 26 up 0.5% at 4.41$/mmbtu