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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.
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Free AccessUS Nat Gas Prices Slump in Energy Sell Off
US natural gas is caught up in the Friday energy sell off, reversing much of the rally from earlier in the week. Updated forecasts suggest an upcoming stretch of Arctic chills in the Lower 48 will fade in the final days of 2022.
- The increased temperature outlook is focussed on the US West Coast, where they were expected to fall below normal in early week forecasts.
- The EIA also reported a lighter-than-average 50 Bcf withdrawal from U.S. storage during the week ended December 9, that initially sparked a rally beating expectations of a 45 Bcf draw before reversing.
- US Natgas JAN 23 down -7.2% at 6.47$/mmbtu
To read the full story
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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.