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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.
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Free AccessMajor U.S. Natural Gas Suppliers Line Up Production Cuts
Major U.S natural gas producers are preparing to cut production through the send half of the year after a recent sustained price fall, signalling there is significant oversupply in the market:
- EQT has embedded around 90 billion cubic feet equivalent of strategic curtailments this fall, which the company will carry out if the market remains depressed.
- Apache is set to curtail, a further 90 million cubic feet per day (mmcfd) of gas in the third quarter.
- Chesapeake plans to defer some well operations while the gas market is weak, while Antero Resources and EGO Resources plan to do the same.
- Shale producer Coterra Energy is bracing for more reductions.
To read the full story
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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.