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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.
NATURAL GAS
US Henry Hub is trading higher after an unexpected draw in US natural gas storage inventories.
- The EIA weekly gas inventories for the week ending 17 November showed a draw of -7bcf compared to Bloomberg survey expectations of a build +2.2bcf. The draw is still below the five-year average for this time this year of a draw of -53bcf.
- The total US inventories remain above normal at the historical end of injection season at 3.825bcf as of 17 November above the five-year average of 3,577bcf.
- US Natgas DEC 23 up 1.7% at 2.9$/mmbtu
- US Natgas MAY 24 up 0.4% at 2.8$/mmbtu
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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