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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.
NATGAS
US Henry Hub rallies to the highest since 22 May after a below expected US EIA inventory build. Front month was already higher on the day due to a reduction in US production, warm weather on the Gulf Coast ahead rising European prices
- US Natgas JUL 23 up 5.6% at 2.47$/mmbtu
- The latest EIA weekly gas inventories for the week ending 9 June showed a build of +84bcf compared to expectation of a +94bcf build and the 5-year average for this time of year of +96bcf.
- Total US inventories are still above the five year average at 2,634bcf compared to the average of 2,263bcf.
Source: EIA
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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