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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
US natural gas stocks remained at an 8-year high in March as mild weather across the lower-48 states fueled more bearish predictions for EIA stock data.
- According to a Platts survey, the EIA is expected to show a withdrawal of just 1 Bcf for the week ending March 15.
- Responses were within a wide range, with almost half of respondents expecting a withdrawal, while some predicted zero net change. 75% saw now further jet change beyond +/- 5 Bcf.
- If correct, it would mark the EIA’s seventh consecutive bearish US gas storage report.
- The bearish feel for Henry Hub appears to be priced in, Platts said, with prices expected to be flat and choppy.
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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