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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.
NATGAS
US natural gas producers are operating more drilling rigs now compared with the beginning of the COVID-19 pandemic in early 2020 according to EIA.
- As drilling activity increases, they expect that dry natural gas production will rise. EIA STEO estimates that dry natural gas production averaged 96.4bcf/d in Jul 2022 and will gradually increase to average 100.3bcf/d in Dec 2023.
- The Baker Hughes gas rig count data has shown a slowdown in recent weeks with gas rigs between 157 and 161 for five weeks. The updated rig count data is due for release at 13:00 ET today.
- US Natgas OCT 22 down -5.1% at 8.79$/mmbtu
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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