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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.
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Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
Stable Demand and Production Keep US Unchanged On The Day
US Natgas holding steady today with near normal demand and healthy production levels.
- US Natgas NOV 22 up 0.2% at 5.21$/mmbtu
- US production has set new record highs in recent months partly due to significant increases in Permian Basin output. The higher production is putting pressure on the pipeline network in the area with the Waha price trading down to 0.7$/mmbtu this week according to Bloomberg. Total US production was relatively unchanged yesterday at 101.65bcf/d.
- The weather forecast suggests warm weather in the east continuing into November but with near normal temperatures for much of the US. Lower 48 dry gas demand is estimated just below normal today at 66bcf/d.
- Deliveries to LNG export terminals are higher today at 11.73bcf/d due to an increase in flows to Sabine Pass and exports to Mexico are estimated at 6.25bcf/d.
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.