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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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Free AccessWhat to Watch: EU Oil Product and US Gas Stocks
- The updated Insights Global European ARA product inventories will be released today. ARA Gasoil stocks were well below normal at 1.814m mt last week despite gradually building since the end of August. The 5-year average for this time of year is approximately 2.61m mt. ARA Gasoline stocks were last week up at 1.27m mt compared to an average of 0.99m mt for this time of year.
- The latest EIA weekly gas inventories for the week ending Sep 30 will be released this afternoon at 15:30BST. Total US stocks are still 8% below the 5-year average despite building in recent weeks. The expectation is for another strong build of 115bcf due to high production and slightly lower domestic and LNG export demand. Last week saw a build of +103bcf and the 5-year average for this time of year is +83bcf.
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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.