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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.
OIL
Falling natural gas prices will have bearish implications for all commodities, particularly oil, according to Bloomberg Intelligence.
- Quantitative easing and Russia’s invasion of Ukraine both showed that crude above $100/b was too high, as shown by OPEC being forced into supply cuts to buoy prices, Bloomberg said.
- “Gas -- the highest volatility major commodity -- may be among the first to transition to the new low-price regime, and crude oil appears to be a leading laggard,” Bloomberg said.
- WTI is currently around 48 times the price of natural gas, close to the 2012 peak which marked a 30% fall in crude prices, Bloomberg added.
Source: Bloomberg Intelligence
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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