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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 front month is relatively unchanged and holding onto earlier gains after an initial drop as the latest EIA natural gas storage inventories show in line with expectations.
- US Natgas SEP 23 up 2.3% at 2.65$/mmbtu
- The latest EIA weekly gas inventories for the week ending 11 Aug showed a build of +35bcf compared to a Bloomberg survey expecting a +35bcf build and the 5-year average for this time of year of +41bcf.
- The surplus in total US inventories has narrowed slightly in recent weeks but stocks are still above the five year average at 3,065bcf compared to the average of 2,750bcf.
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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