Free Trial

What to Watch: EU Products & US Gas Stock Data

ENERGY
  • The updated Insights European product ARA inventories will be release today. Low stock levels and tight supply are keeping spreads high despite a pull back since mid-June on demand concerns. Europe Gasoil stocks were at 1.50m mt last week compared to the 5-year average of 2.62m mt for this time of year.
  • This afternoon at 15:30BST sees the release of the latest EIA weekly gas inventories with stocks still 11% below the 5-year average. Expectation is for a build of 19bcf following a build of 32bcf last week and compared to a seasonal normal build of 47bcf for this time of year.

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.