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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 Natgas up on Higher Demand
US Natgas up 4.95% to 8.55$/mmbtu on higher domestic demand
- An increase in power generation demand due to drought and heat in the South and West are driving prices higher. US gas dipped to 8.15$/mmbtu yesterday having fallen back from a peak at 9.38$/mmbtu a week ago.
- Export demand stays strong with Europe requiring continued LNG supply to replace Russia gas and help fill storage ahead of next winter. Deliveries to LNG export terminals is 12.66bcf today compared to an average of 12.92bcf over the last week.
- Lower 48 dry gas production at 96.6bcf/d and lower 48 demand at 62.6bcf/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.