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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
Henry Hub front month rallies after a smaller than expected injection into US natural gas storage last week according to the latest weekly EIA data.
- The EIA weekly gas inventories for the week ending August 30 showed an injection of 13bcf compared to the expectation for an injection of 27bcf according to a Bloomberg survey and the seasonal normal injection of about 45bcf.
- US storage inventories however still hold a surplus of 323bcf, with total stocks at 3,347bcf compared to the previous five year average of 3,024bcf.
- US Natgas OCT 24 up 5.1% at 2.25$/mmbtu
- US Natgas MAR 25 up 1.7% at 2.96$/mmbtu
- US Natgas SEP 25 up 1.1% at 3.17$/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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