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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 extends earlier losses after a larger than expected build in US natural gas storage inventories according to the latest weekly EIA data.
- The EIA weekly gas inventories for the week ending Apr. 5 showed an injection of 24bcf compared to the expectation for an injection of 11bcf according to a Bloomberg survey and the seasonal normal injection of 11bcf.
- US storage inventories continue to hold a strong surplus with total stocks at 2,283bcf compared to the previous five year average of 1,643bcf.
- US Natgas MAY 24 down 4.6% at 1.8$/mmbtu
- US Natgas OCT 24 down 1.4% at 2.53$/mmbtu
- US Natgas APR 25 down 0.2% at 3.02$/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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