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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 declines after a smaller than expected storage withdrawal last week according to the latest weekly EIA data.
- The EIA weekly gas inventories for the week ending Jan 26 showed a draw of -196bcf compared to the expectation for a draw of -208bcf according to a Bloomberg survey and the seasonal normal draw of -184bcf.
- The US inventories surplus has reduced in recent weeks, but total stocks remain above normal at 2,659bcf compared to the previous five year average of 2,546cf.
- US Natgas MAR 24 down -1.3% at 2.07$/mmbtu
- US Natgas AUG 24 down -1.1% at 2.57$/mmbtu
- US Natgas FEB 25 down -0.3% at 3.62$/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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