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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.
ENERGY
- IEA are due to release the updated Oil Market Report at 10:00 CET covering major supply and demand issues and providing an outlook for crude oil market developments for the coming year. IEA chief Fatih Birol this week said that a comfortable oil market and a moderate price evolution is expected throughout 2024.
- The latest EIA weekly gas inventories for the week ending Feb 9 will be released this afternoon at 15:30GMT. The expectation is for a draw of -67bcf according to a Bloomberg survey after a draw of -75bcf last week. The seasonal normal is a draw of -131bcf.
- The updated Insights Global European ARA product inventories will be released today around 15:15 GMT. Gasoil stocks were last week below normal at 1.887m mt compared to the five year average of 2.33m mt. ARA Gasoline stocks were last week up to 1.069m mt but still below the average of 1.29m mt for this time of year.
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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