Free Trial
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
NATURAL GAS
European natural gas prices posted two consecutive weekly gains for the first time since September, as traders move to restocking, Bloomberg said.
- TTF front month has ended the week up around 2.3%, although the rise is smaller than the 13% gain a week ago.
- Having come out of the winter with record stockpiles, the market is now moving attention to refilling.
- “We still think that TTF near-curve prices will slip further from current levels,” analysts at Energy Aspects said in a note.
- “We see Europe struggling to absorb supply at its underground storage sites without recourse to front-loading injections, and then using floating liquefied natural gas storage to help balance later in the injection cycle,” they added
Source: Bloomberg
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok