MNI: More Data Needed Before Hike - BOJ Minutes

MNI BRIEF: Aussie Q4 Trimmed CPI At 0.5% Q/Q

MNI BRIEF: RBNZ's Conway Sees Neutral At 2.5-3.5%

MNI INTERVIEW2: New NBH Chief Must Clarify Reaction Function

MNI BRIEF: U.S. Senate Confirms Bessent as Treasury Secretary

MNI NBH WATCH: Base Rate To Hold At 6.5% Despite Price Uptick

MNI: AUSTRALIA MONTHLY DEC CPI 0.2% MM, 2.5% YY

MNI:AUSTRALIA Q4 CPI +0.3% Q/Q

EZ/UK T-Bill Calendar: Greece, Italy Auction on Wednesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

NATGAS: Henry Hub Rises to Yearly High Amid Rising Demand

NATGAS
USEnergy BulletsNorth AmericaBulletCommodities

Henry Hub front month has extended the recent rally through the previous high of the year with temperatures falling across the US and supported by strong LNG export flows amid rising demand and supply risks in Europe.

  • The EIA weekly gas inventories for the week ending Nov. 15 will be released this afternoon at 10:30 ET (15:30GMT). The expectation is for a build of 2bcf according to a Bloomberg survey following a build of 42bcf the previous week. The seasonal normal shows a switch to withdrawals of around 2bcf.
  • Lower 48 natural gas demand has surged above normal to the highest since March at 89.5bcf/d today, according to Bloomberg. Forecasts show cold weather in the west spreading and taking temperatures across the lower 48 below normal towards the end of the month.
  • US LNG export terminal feedgas supply is near the highest since January at 13.42bcf/d today, BNEF shows.
  • US domestic natural gas production is estimated at 102.4bcf/d yesterday, according to Bloomberg, in line with levels from the last week but below volumes of over 105bcf/d this time last year.
  • Export flows to Mexico are estimated at 6.5bcf/d today, according to Bloomberg.
  • Nymex Henry Hub daily aggregate traded futures volume was the highest since May at 792k on Nov. 20.
    • US Natgas DEC 24 up 5.7% at 3.37$/mmbtu
    • US Natgas JAN 25 up 4% at 3.53$/mmbtu
    • US Natgas NOV 25 up 1.7% at 3.68$/mmbtu
225 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 has extended the recent rally through the previous high of the year with temperatures falling across the US and supported by strong LNG export flows amid rising demand and supply risks in Europe.

  • The EIA weekly gas inventories for the week ending Nov. 15 will be released this afternoon at 10:30 ET (15:30GMT). The expectation is for a build of 2bcf according to a Bloomberg survey following a build of 42bcf the previous week. The seasonal normal shows a switch to withdrawals of around 2bcf.
  • Lower 48 natural gas demand has surged above normal to the highest since March at 89.5bcf/d today, according to Bloomberg. Forecasts show cold weather in the west spreading and taking temperatures across the lower 48 below normal towards the end of the month.
  • US LNG export terminal feedgas supply is near the highest since January at 13.42bcf/d today, BNEF shows.
  • US domestic natural gas production is estimated at 102.4bcf/d yesterday, according to Bloomberg, in line with levels from the last week but below volumes of over 105bcf/d this time last year.
  • Export flows to Mexico are estimated at 6.5bcf/d today, according to Bloomberg.
  • Nymex Henry Hub daily aggregate traded futures volume was the highest since May at 792k on Nov. 20.
    • US Natgas DEC 24 up 5.7% at 3.37$/mmbtu
    • US Natgas JAN 25 up 4% at 3.53$/mmbtu
    • US Natgas NOV 25 up 1.7% at 3.68$/mmbtu