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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.
- The latest EIA weekly gas inventories for the week ending 12 Jan will be released this afternoon at 15:30GMT. The expectation is for a draw of -167bcf according to a Bloomberg survey compared to a draw of -140bcf last week and the seasonal normal of -122bcf.
- The day delayed EIA weekly petroleum inventory data for the week to 12 Jan is due at 16:00GMT. Data is expected to show a small crude draw with further builds in gasoline and distillates stocks and another drop in refinery utilisation according to a Bloomberg survey.
- The updated Insights Global European ARA product inventories will be released today. Gasoil stocks were last week below normal at 1.963m mt despite gains on the week compared to the five year average of 2.22m mt. ARA Gasoline stocks were below the five year range at 0.818m mt compared to the average of 1.27m 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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