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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
Platts analysts expect the US gas storage surplus to continue narrowing through at least mid-July as exceptionally hot weather persists in the lower 48 states, Platts said.
- Hot weather, strong power burn demand, and the narrowing domestic inventory surplus have helped to add some support to natural gas prices.
- The US natural gas storage surplus to the five-year average fell for a seventh consecutive week in late June, falling to 528 bcf in the most recent report June 27.
- The US storage surplus has been falling since mid-March after reaching an annual high of 680 bcf.
- The narrowing surplus is largely due to output cuts made by producers this Spring, coupled with strong gas-fired demand.
Source: S&P Global Commodity Insights
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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