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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 10:00BST. The update follows on from the lower demand forecasts by OPEC and EIA in their monthly reports yesterday.
- The latest EIA weekly gas inventories for the week ending Oct 7 will be released this afternoon at 15:30BST. The expectation is for another strong build of 126bcf with production still high. Last week saw a build of +129bcf and the 5-year average for this time of year is +94bcf.
- The day delayed EIA weekly petroleum inventory data is due for release this afternoon at 16:00BST. API data last night showed a big build in crude, a build in gasoline and draw in distillates but expectation is for the EIA data to show a small build in crude and product draws.
- The updated Insights Global European ARA product inventories will be released today. ARA Gasoil stocks were well below normal at 1.841m mt last week compared to the 5-year average of 2.64m mt. ARA Gasoline stocks were last week up at 1.27m mt compared to an average of 0.98m 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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