Free Trial

What to Watch: US Gas and EU Oil Product Stocks

ENERGY
  • The latest EIA weekly gas inventories for the week ending 3 Feb will be released this afternoon at 15:30GMT. The expectation is for a draw of -199bcf following on from the draw of -151bcf last week. The 5-year average for this time of year is -181bcf.
  • The updated Insights Global European ARA product inventories will be released today. The recovery in Gasoil stocks continued last week ahead of the Russian sanctions on 5 Feb. Gasoil inventories were at 2.316m mt last week and the 5-year average for this time of year is 2.44m mt. ARA Gasoline stocks were last week up at 1.405m mt compared to an average of 1.24m mt 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.