MNI BRIEF: Canadians Fuzzy On How BOC Hikes Slow CPI, Government's Role

CANADA FLASH MAY GDP +0.1% ON FACTORIES AND REAL ESTATE

MNI China Daily Summary: Friday, June 28

MNI BRIEF: BCB Evaluating Real Depreciation Impacts - Galipolo

MNI BRIEF: PBOC Pledges to Curb Any Overshoot Of The Yuan: MPC

MNI: PBOC Net Injects CNY40 Bln Via OMO Fri; Rates Unchanged

MNI: BAKER HUGHES US RIG COUNT 581; OIL RIGS 479; GAS RIGS 97

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

EZ/UK Bond Supply Calendar: BoE APF on Monday

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

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

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

Henry Hub Weakens

NATGAS
Homepagemarkets-real-timeCommoditiesEnergy BulletsBullet

Henry Hub is down slightly today as higher production, lower demand levels and slightly lower feedgas flows to LNG terminals add pressure.

  • US Natgas JUN 24 down 2.5% at 2.53$/mmbtu
  • US Natgas NOV 24 down 2% at 3.17$/mmbtu
  • The NOAA 6–14-day forecast shows above normal temperatures across the western and Southern US, with only a pocket of below normal in the Midwest.
  • Lower 48 natural gas production averaged 100.652bcf/d in the week to May 28, compared to 99.844bcf/d for the week to May 21. Production has climbed to its highest level since early-April.
  • Natural gas deliveries to US LNG terminals are 13.329bcf/d today 29, down from 13.594 bcf/d/d yesterday.
  • Domestic natural gas demand is at 65.122 bcf/d/d according to Bloomberg, trending down from earlier in the month.
  • Export flows to Mexico are up slightly today at around 6.689 bcf/d but are slightly below the 20-day moving average of 6.699 bcf/d.
150 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 down slightly today as higher production, lower demand levels and slightly lower feedgas flows to LNG terminals add pressure.

  • US Natgas JUN 24 down 2.5% at 2.53$/mmbtu
  • US Natgas NOV 24 down 2% at 3.17$/mmbtu
  • The NOAA 6–14-day forecast shows above normal temperatures across the western and Southern US, with only a pocket of below normal in the Midwest.
  • Lower 48 natural gas production averaged 100.652bcf/d in the week to May 28, compared to 99.844bcf/d for the week to May 21. Production has climbed to its highest level since early-April.
  • Natural gas deliveries to US LNG terminals are 13.329bcf/d today 29, down from 13.594 bcf/d/d yesterday.
  • Domestic natural gas demand is at 65.122 bcf/d/d according to Bloomberg, trending down from earlier in the month.
  • Export flows to Mexico are up slightly today at around 6.689 bcf/d but are slightly below the 20-day moving average of 6.699 bcf/d.