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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
US Natgas Steady As Warm Weather Forecast to Spread Across US
US Henry Hub is holding steady today after falling yesterday on the back of a warmer than normal weather forecast limiting early winter heating demand for Texas.
- US Natgas NOV 23 up 0.1% at 2.84$/mmbtu
- US Natgas APR 24 down -0.1% at 2.95$/mmbtu
- US Natgas OCT 24 down -0.4% at 3.32$/mmbtu
- Domestic natural gas demand is edging higher in line with the seasonal trend with today estimated at 69.3bcf/d according to Bloomberg. The latest NOAA outlook still shows above normal temperatures in the west in the 6-10 day period spreading across most of the country in the 8-14 day period. The far East Coast is forecast to warm from below normal this weekend back to near normal.
- Natural gas deliveries to US LNG export terminals are today stable at 12.66bcf/d according to Bloomberg but still curtailed by about 0.75bcf/d due to the Cove Point maintenance possibly for another couple of weeks.
- US domestic natural gas production was yesterday estimated at 101.0bf/d according to Bloomberg compared to the average of 101.3bcf/d in the previous week.
- Export flows to Mexico are unchanged today at 7.0bcf/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.