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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
US Henry Hub has edged lower but continues to trade higher on the day in response to a US gas storage draw mostly in line with expectations.
- The EIA weekly gas inventories for the week ending Dec 8 showed a draw of -55bcf compared to the expectation for a draw of -56bcf according to a Bloomberg survey.
- The total US inventories remain well above season normal levels at 3,664bcf compared to the average of 3,404bcf.
- US Natgas JAN 24 up 1.7% at 2.38$/mmbtu
- US Natgas JUN 24 up 0.4% at 2.46$/mmbtu
- US Natgas DEC 24 up 0.5% at 3.46$/mmbtu
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.
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