Latest news with #southwestern
South China Morning Post
3 days ago
- General
- South China Morning Post
Chinese dad, 82, harvests plums before sunrise for sending to son; story gets 4 million views
A video clip of an 82-year-old man in China waking up at 3am to pick plums before sending them to his son has gone viral on mainland social media. The video was posted online on July 18 by a man called Cheng. Surveillance camera footage shows Cheng's octogenarian father carrying a big bamboo basket on his back and holding a torch. He is walking towards plum trees planted in front of his courtyard in rural Chongqing in southwestern China, the Chongqing TV reported. It was 3.44am on July 17, according to surveillance camera records. 'I asked my father why he woke up so early to pick plums. He said he had checked with courier workers who told him plums should be picked before the sunrise because the temperature is at a level for them to be conserved well,' Cheng was quoted as saying.
Yahoo
20-07-2025
- Business
- Yahoo
Forecasts for Hot US Temps Boost Nat-Gas Prices
August Nymex natural gas (NGQ25) on Friday closed up +0.023 (+0.65%). Aug nat-gas prices on Friday settled higher on forecasts for excessive heat next week in the US. Vaisala said forecasts remain above normal for the July 22-26 period across the US, with highs in the mid-90s expected in the middle of the country, which could boost nat-gas demand from electricity providers to meet increased air conditioning usage. Also, forecaster Atmospheric G2 said Friday that forecasts shifted hotter over the south-central and southwestern US for July 28-August 1. More News from Barchart Crude Oil Prices Jump on Signs of a Tightening Supply Outlook Nat-Gas Prices Erase Early Gains as Weekly EIA Inventories Build Crude Oil Prices Climb on Supply Disruptions in Iraq Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! However, gains in nat-gas prices were limited due to abundant US nat-gas supplies and the outlook for higher US nat-gas production. As of July 11, nat-gas inventories were +6.2% above their 5-year seasonal average. Also, a weekly report from Baker Hughes showed the number of active US nat-gas drilling rigs rose to a 17-month high on Friday, which portends to higher nat-gas production in the near term. Lower-48 state dry gas production on Friday was 108.3 bcf/day (+5.3% y/y), according to BNEF. Lower-48 state gas demand on Friday was 78 bcf/day (-0.3% y/y), according to BNEF. Estimated LNG net flows to US LNG export terminals on Friday were 15.5 bcf/day (-1.2% w/w), according to BNEF. An increase in US electricity output is positive for nat-gas demand from utility providers. The Edison Electric Institute reported Wednesday that total US (lower-48) electricity output in the week ended July 12 rose +1.1% y/y to 98,133 GWh (gigawatt hours), and US electricity output in the 52-week period ending July 12 rose +2.4% y/y to 4,248,982 GWh. Thursday's weekly EIA report was slightly bearish for nat-gas prices since nat-gas inventories for the week ended July 11 rose +46 bcf, above the consensus of +45 bcf and the 5-year average of +41 bcf for the week. As of July 11, nat-gas inventories were down -4.9% y/y, but were +6.2% above their 5-year seasonal average, signaling adequate nat-gas supplies. As of July 15, gas storage in Europe was 63% full, compared to the 5-year seasonal average of 72% full for this time of year. Baker Hughes reported Friday that the number of active US nat-gas drilling rigs in the week ending July 18 rose by +9 to a 17-month high of 117 rigs. In the past ten months, the number of gas rigs has risen from the 4-year low of 94 rigs reported in September 2024. On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-06-2025
- Business
- Yahoo
Nat-Gas Prices Fall on Forecasts for Cooler US Weather
July Nymex natural gas (NGN25) on Tuesday closed down by -0.161 (-4.35%). July nat-gas prices Tuesday fell for a third consecutive session and sank to a 1-week low. Nat-gas prices are under pressure due to forecasts for cooler US temperatures that will potentially reduce nat-gas demand from electricity providers to run air conditioning. Forecaster Atmospheric G2 said Tuesday that forecasts shifted cooler for parts of the southwestern and south-central US for June 29-July 3. Robusta Coffee Prices Are Still Falling. Are We Finally at an Inflection Point? Nat-Gas Prices Fall on Forecasts for Cooler US Weather Crude Prices Tumble as Geopolitical Risks Ease in the Middle East Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. An easing of geopolitical risks also pushed natural-gas prices lower on Tuesday following the announcement of a ceasefire between Israel and Iran. The ceasefire reduces the likelihood that Iran will close the Strait of Hormuz and disrupt LNG shipments through that Strait, which accounts for approximately 20% of global LNG trade. Lower-48 state dry gas production on Tuesday was 104.4 bcf/day (+0.9% y/y), according to BNEF. Lower-48 state gas demand on Tuesday was 80.3 bcf/day (+2.2% y/y), according to BNEF. LNG net flows to US LNG export terminals on Tuesday were 14.7 bcf/day (+13.6% w/w), according to BNEF. An increase in US electricity output is positive for nat-gas demand from utility providers. The Edison Electric Institute reported last Wednesday that total US (lower-48) electricity output in the week ended June 14 rose +0.8% y/y to 85,329 GWh (gigawatt hours), and US electricity output in the 52-week period ending June 14 rose +2.9% y/y to 4,246,808 GWh. Last Wednesday's weekly EIA report was mixed for nat-gas prices since nat-gas inventories for the week ended June 13 rose +95 bcf, below expectations of +97 bcf but well above the 5-year average build for this time of year of +72 bcf. As of June 13, nat-gas inventories were down -8.0% y/y and +6.1% above their 5-year seasonal average, signaling adequate nat-gas supplies. In Europe, gas storage was 54% full as of June 16, versus the 5-year seasonal average of 64% full for this time of year. Baker Hughes reported last Friday that the number of active US nat-gas drilling rigs in the week ending June 20 fell by -2 to 111 rigs, slightly below the 15-month high of 114 rigs from June 6. In the past nine months, gas rigs have risen from the 4-year low of 94 rigs posted in September 2024. On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Herald
10-06-2025
- Climate
- The Herald
Below-normal rainfall forecast for late winter, spring: farmers urged to prepare
While above-normal rainfall is anticipated during midwinter for the southwestern parts of the country and eastern coastal areas, the rest of the country is expected to receive below-normal rainfall. According to the SA Weather Service seasonal outlook, below-normal rainfall is also expected d uring late winter and early spring, with only the eastern coastal areas due to receive above-normal rainfall. Minimum and maximum temperatures are expected to be above normal, except for parts of the southern coastal areas. Due to the forecast, the agriculture department has advised winter crop farmers to wait for sufficient moisture before planting and stay within the normal planting window. Even in areas where above normal rainfall is anticipated, 'not all areas might receive the anticipated above normal rainfall that is well distributed and caution should be exercised'. As winter progresses, the veld will dry out in many areas, the department said.
South China Morning Post
03-06-2025
- Climate
- South China Morning Post
Riverside houses collapse after heavy rainfall hits southwestern China
Houses near a river collapsed after heavy rainfall hit southwestern China's Yunnan province. The downpours caused flooding and triggered landslides in the region.
