GAS PRICE: NOT ABOVE $2.700
PLATTS - NYMEX April natural gas futures were little changed in overnight US trading as traders considered changing weather that spells diverging demand patterns.
At 6:50 am EDT (1050 GMT) the contract was 0.3 cents lower at $2.678/MMBtu.
Below-average temperatures continue to hold over much of the US in the latest projections from the National Weather Service, encompassing the entire eastern third of the US into most of the Midwest and a large section of the West in the six-to-10-day period then shifting in scope to grip nearly the entire northern US and the bulk of the Southwest in the eight-to-14-day period.
Average to above-average temperatures span most of the west-central US and the balance of the West in the shorter-range view then settle over the south further out.
Although lingering cold in store looks to generate late-season heating demand, higher outright temperatures look likely to limit this.
|April, 23, 14:55:00|
|April, 23, 14:50:00|
|April, 23, 14:45:00|
|April, 23, 14:40:00|
|April, 23, 14:35:00|
|April, 23, 14:30:00|
FT - US shale oil companies have started to generate free cash thanks to the rise in crude prices, a landmark moment for an industry that has until now relied on an inflow of capital to support its growth.
WBG - Bank Group must strengthen its financial capacity to meet the aspirations of its shareholders, mobilize capital at scale, and respond to global development challenges.
IMF - we agreed on the need to accelerate structural reforms and access to finance in order to raise overall investment and medium-term growth rates to support job creation. The Fund, through its policy advice, can assist countries to design and implement growth-friendly fiscal adjustment, when needed, that responds to the country-specific sources of debt vulnerabilities while preserving needed investments in infrastructure, human capital, and other priority expenditures
IMF - Directors also agreed that the Fund should continue to address governance issues and corruption in surveillance when the applicable standard of the Integrated Surveillance Decision has been met.