FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

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 Up Over 4% on Day

NATGAS

Henry Hub has found support today, climbing to its highest level since July 15 earlier in the day. Slightly lower production levels, strong export flows to Mexico, and warmer weather have all been supportive.

  • US Natgas SEP 24 up 4.7% at 2.25$/mmbtu
  • US Natgas FEB 25 up 1.1% at 3.43$/mmbtu
  • US domestic natural gas production is currently showing at 100.9 bcf/d today according to Bloomberg, the lowest since July 8.
  • Domestic lower 48 natural gas demand is today holding steady just above normal at 76.2bcf/d, according to Bloomberg.
  • The latest NOAA 6-14 day forecast again shows above normal temperatures in central regions and on the Gulf Coast but closer to normal expected on both east and west coasts.
  • Additional cooling degree days are now expected in H2 August, according to Reuters. LSEG estimates 224 CDD over the next two weeks, compared to the normal of 186 CDD.
  • Export flows to Mexico are today strong at 6.9bcf/d according to Bloomberg.
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.