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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 AccessUS Henry Hub Loses Gains From Yesterday
US front month Henry Hub falls back to lose gains seen late yesterday with support from a slightly cooler weather forecast offset by healthy storage levels and ongoing restrictions to LNG export flows.
- US Natgas APR 23 down -4.3% at 2.25$/mmbtu
- The latest NOAA forecast shows below normal temperatures in western areas spreading slightly further eastwards in the 6-14 day period although above normal temperatures remain in the Gulf Coast region. Domestic natural gas consumption is today estimated near normal at 76.9bcf/d today.
- Total pipeline deliveries to US LNG export terminals are today estimated at 12.8bcf/d with a slight recovery in supply to Sabine Pass LNG. Feedstock gas deliveries to Freeport are today showing at 1.12bcf/d compared to the average so far in March of 0.98bcf/d according to Bloomberg.
- US production is today relatively unchanged at about 100.3bcf/d and exports to Mexico are at 5.6bcf/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.