MNI BRIEF: Fed's Williams Says There's No Urgency To Cut Rates

MNI: US March Existing Home Sales Fell 4.3% To 4.19M

WILLIAMS: NOT BASE CASE TO RAISE RATES FURTHER

MNI BRIEF: Beijing Opposes U.S. Measures Against Chinese Steel

MNI China Daily Summary: Thursday, April 18

MNI BRIEF: M2 Growth To Slow On Weak Demand - PBOC's Zou

US Treasury Auction Calendar

EZ/UK Bond Supply Calendar: EU, UK Synd W/C 22 Apr, BoE APF Mon

US EIA:NAT GAS STORAGE +50 BCF TO 2,333 BCF APR 12 WK

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

US Holding Steady with Expectation of Smaller Build in EIA Stocks

NATGAS

US Natgas unchanged on the day before an expected smaller build in stock data later today.

  • US Natgas NOV 22 up 0.6% at 5.64$/mmbtu
  • The expectation for EIA data is for a smaller build than recent weeks of 61bcf after a week of above normal demand. Last week saw a build of +111bcf and the 5-year average for this time of year is +70bcf.
  • Mixed weather forecasts show cold temperatures in the east but warm in the west throughout the two week forecast period. US demand is today estimated just above normal at 72.9bcf/d.
  • Lower 48 dry gas production is holding relatively steady just above 100bcf/d but below the record level of 103.5bcf/d seen at the start of October. Production was around 96.5bcf/d at this time last year.
  • Deliveries to LNG terminals are steady at 11.5bcf/d with still no supply yet to Cove Point.
Energy BulletsCommoditiesUS
Energy BulletsCommoditiesUS

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.