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Right now on NGASNext: USD CPI · Month-on-month change 3 d 3 h
Energy

Natural Gas

3.225
Trading hours unverified+0.25% (+0.008) today3.225 / 3.286 · spread 0.061Range 3.193 – 3.302
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Data as of Nov 6, 21:48 UTC

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What matters for NGAS?2 events · 2 sources

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AI · systemwww.clickorlando.com · 1 sourceImpact 3mixedNov 6 22:14

Qatar’s Iran bridge proposal puts Hormuz reopening on the table

Iran is reviewing a Qatari proposal to pave the way for nuclear talks, AP reports, citing regional officials. Proposed steps include lifting the U.S. blockade, releasing some frozen Iranian funds and allowing nuclear inspections, followed by reopening Hormuz on the second day. These are proposals, not agreed measures: Iran still demands concessions before negotiations, and the White House declined comment on the plan.

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Iran is reviewing a Qatari proposal to pave the way for nuclear talks, AP reports, citing regional officials. Proposed steps include lifting the U.S. blockade, releasing some frozen Iranian funds and allowing nuclear inspections, followed by reopening Hormuz on the second day. These are proposals, not agreed measures: Iran still demands concessions before negotiations, and the White House declined comment on the plan.

Counter view: Limitation: The proposed steps are not an agreement, and Iran still requires U.S. concessions before nuclear talks.

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AI · systemwww.thenationalnews.com · 1 sourceImpact 2mixedNov 1 12:42

OPEC+ holds December oil targets as production lags quotas

OPEC+ kept December production targets at September’s levels, The National reports, leaving the seven core producers’ combined quota at about 31 million barrels per day. Most members are producing below their targets because of the war. The decision leaves the remaining production cuts in place through year-end, while a capacity review will help set next year’s quotas. The next meeting is scheduled for November 29; unchanged targets do not mean unchanged physical supply.

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OPEC+ kept December production targets at September’s levels, The National reports, leaving the seven core producers’ combined quota at about 31 million barrels per day. Most members are producing below their targets because of the war. The decision leaves the remaining production cuts in place through year-end, while a capacity review will help set next year’s quotas. The next meeting is scheduled for November 29; unchanged targets do not mean unchanged physical supply.

Counter view: Limitation: most members are producing below their targets because of the war, so the quota decision does not establish actual supply volumes.

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Latest news: Nov 6 22:14 UTC· 2 sourcesAll NGAS news

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    Economic calendar

    USD · upcoming
    8 highlights from 57 releases
    Nov 913:40USDFed Governor Bowman Speechupcoming
    Nov 918:00USD3-Year Note Auctionupcoming
    Nov 1009:00USDFed Governor Waller Speechupcoming
    Nov 1013:30USDCPI · Month-on-month changefcst 0.5%
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    Nov 1013:30USDCore CPI · Year-on-year changefcst 2.8%
    Nov 1013:30USDCore CPI n.s.a. · Month-on-month changeupcoming
    Times in UTCWeekly calendar