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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
{us}{5i} US Natgas price pulls back slightly from earlier gains after a smaller draw than expected in the latest US inventory data. Earlier gains had been driven by colder weather forecasts in the eastern US and a small dip in US production.
- US Natgas JAN 23 up 2.3% at 5.86$/mmbtu
- The latest EIA weekly gas inventories for the week ending Dec 2 showed a -21bcf decline compared to expectation of a -30bcf draw and the 5-year average for this time of year of -28bcf.
- Total US inventories have dipped back below the five year average in recent weeks at 3,462bcf.
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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