Free Trial

US Natgas Ticks Lower After Expected EIA Stocks Build

NATGAS

US Natgas pulls back slightly after another above normal build of +64bcf in US inventories in the latest EIA data.

  • Compared to an expectation of a +63bcf build and the 5-year average for this time of year of +8bcf.
  • Total US stocks are almost up to the five year average at 3,644bcf due to recent high production, reduced LNG exports and low domestic demand.
    • US Natgas DEC 22 up 2% at 6.32$/mmbtu


To read the full story

Close

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.