US NATGAS: Natural Gas End of Day Summary: Henry Hub Volatile
Henry Hub front month has been volatile during the day but is on track for gains with liquidity thin ahead expiry; on track to settle up on the day * OCT 26 is trading at $3.013, up 1.62% on the day. * NOV 26 is trading at $3.145, up 0.90% on the day. * The prompt-month spread is trading at ($0.13). * Intraday front month volume on NYMEX is about 89,000 lots. * EIA natgas survey (bcf): +50 (Bbg), +53 (Rtrs), +53 (WSJ), +76 (5-yr-avg) * Average L48 temperatures are forecast to be just below normal this week before rising above normal into early October but with cooler risk later in the two-week outlook. * Intraday prices ducked below the first technical near-term support level of $2.817, the low on September 22nd. The bear trigger lies at $2.668, the August 7th low. * Total current feedgas demand fell by 0.09 Bcf/d, from 18.67 Bcf/d yesterday to 18.58 Bcf/d today. * The latest MNI data show daily production is at 109.5 Bcf/d, down 1.37 Bcf/d from yesterday. Daily demand is 82.1 Bcf/d, down 0.45 Bcf/d from yesterday. * A low-pressure system over Cabo Verde has become better organized, now located a couple hundred miles southwest off the coast of western Africa, with shower and thunde
62% on the day. 90% on the day. 13). * Intraday front month volume on NYMEX is about 89,000 lots.
* EIA natgas survey (bcf): +50 (Bbg), +53 (Rtrs), +53 (WSJ), +76 (5-yr-avg) * Average L48 temperatures are forecast to be just below normal this week before rising above normal into early October but with cooler risk later in the two-week outlook. 817, the low on September 22nd. 668, the August 7th low. 58 Bcf/d today.
37 Bcf/d from yesterday. 45 Bcf/d from yesterday. * A low-pressure system over Cabo Verde has become better organized, now located a couple hundred miles southwest off the coast of western Africa, with shower and thunderstorm activity increasing since yesterday, according to the NHC's September 23rd afternoon outlook.
* Mexico's energy minister Luz Elena Gonzlez Escobar met with the Indonesian ambassador to discuss potential collaboration on natural gas and LNG projects, with no further details provided by the energy ministry, as Middle East conflict continues to disrupt global energy supplies, reported BNamericas * DT Midstream's force majeure on Stonewall Gas Gathering will reduce flows to TCO based on the TCO capacity limitations sited by Columbia Gas as a result. * Rubio said that if there is to be a deal with Iran, it would require hard work and time and that Tuesday talks with Iran were positive but not a breakthrough. 8%: GIE data. * MNI Gas Weekly: ptQM3-9HJw