Free Trial
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.
NATGAS
US natural gas storage is on track to end the summer injection period at a four-year high of 3.913 tcf on Oct. 31, analysts told Reuters.
- This is a slight downward revision from previous estimate of 3.919 bcf made in late June.
- This compares to 3.809 tcf over the same period in 2023 and 3.929 tcf in 2020.
- The current record high for the summer injection period is 4.013 tcf in 2016, while the five-year average is 3.747 tcf.
- The summer season runs from April 1-October 31.
- Looking towards the winter withdrawal season from November-March, analysts expect storage to be 1.700 tcf by March 31, a three-year low, but an upward revision from the previous 1.682 tcf estimate, Reuters said.
- Please see below a table from Reuters showing analysts’ expectations:
Source: Reuters
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok