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US Edges Higher on Strong Demand but High Production


US Natgas edging higher on domestic and overseas demand after earlier extending the recent decline

    • US Natgas NOV 22 up 0.4% at 6.02$/mmbtu
  • Demand was higher at 71.1bcf/d yesterday with warm weather currently forecast in the East but cold weather in the West until the end of the month.
  • Deliveries to LNG export terminals are also higher at 12.1bcf/d due to an increase in flows to Sabine Pass. Mexico exports dip to 6.25bcf/d
  • Production was still estimated well above last year volumes at 101.6bcf/d yesterday.

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