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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 front month extends earlier gains after a smaller than expected injection into US natural gas storage according to the latest weekly EIA data.
- The EIA weekly gas inventories for the week ending May 10 showed an injection of 70bcf compared to the expectation for an injection of 77bcf according to a Bloomberg survey and the seasonal normal injection of 88bcf.
- US storage inventories continue to hold a strong surplus with total stocks at 2,633bcf compared to the previous five year average of 2,013bcf.
- US Natgas JUN 24 up 3.1% at 2.49$/mmbtu
- US Natgas NOV 24 up 1.3% at 3.12$/mmbtu
- US Natgas MAY 25 up 0.5% at 3.06$/mmbtu
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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