MNI BRIEF: Chinese Rail Passenger Numbers Break Record

MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1843 Weds; -1.22% Y/Y

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI China Daily Summary: Tuesday, December 10

EZ/UK Bond Supply Calendar: 4.25% Jul-34 Gilt Due Wednesday

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

MNI: JAPAN NOV CORP GOODS PRICE INDEX +3.7% Y/Y; OCT REV +3.6%

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

Production Dip and Above Normal Demand Support US Gas

NATGAS

Ongoing mixed weather forecasts and a slight dip in production support US Natgas prices.

  • US Natgas OCT 22 up 2.9% at 8.15$/mmbtu
  • Front month US gas is ticking higher today but is still down nearly 10% on the week. Falling global gas prices, high US production and an easing to hot weather have combined to bring down US prices.
  • US production is slightly lower at 99bcf/d while demand is still above normal at 69.2bcf/d. Weather forecast show above normal for much of the country except the West Coast which will see at or below normal temperatures in the 6- 14 day period.
  • Overseas exports are also largely unchanged with deliveries to LNG export terminals at 10.9bcf/d and supply to Mexico just slightly down to 6.6bcf/d.
USEnergy BulletsPower BulletsCommodities
USEnergy BulletsPower BulletsCommodities

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.