Low impact
US natural gas futures fell 2.6% to $3.198/MMBtu, their biggest drop in two weeks, as production recovered after Hurricane Isaias, with output reaching 111.4 Bcf/d (up 3% y/y) and LNG export flows rising 9.1% w/w to 19.6 Bcf/d.
FirstSquawk10/15, 07:45 AM
Market impact
Which way this story pushes each asset. An inference from the story, not a measured move.
Nat Gas
Pushes down
DaysMedium confidence
Production recovery to 111.4 Bcf/d after storm outage eases supply tightness, pressuring prices.
What could change this
A rise in LNG export flows could offset some of the supply-driven price pressure if exports continue climbing.
NATGAS before and after this story
3.05-3.45%vs previous close
-7.13%
since this story
Measured from the price when this story was posted to the latest stored price, so it can lag the live price.
This story
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