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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
The EIA weekly gas inventories for the week to Dec 29 will be released this afternoon at 10:30 ET (15:30 GMT). The expectation is for a draw of -32bcf according to a Bloomberg survey compared to the seasonal normal draw of -110bcf and the draw of -87bcf seen last week.
- The delayed EIA weekly petroleum inventory data is due for release this afternoon at 11:00 ET (16:00GMT). The data is expected to show a crude draw with small draws also expected for gasoline and distillates stocks and with a 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 at the low end of the five year range at 1.825m mt compared to the five year average of 2.2m mt. ARA Gasoline stocks were last week below normal at 0.919m mt after falling during December and compared to the seasonal average of 1.15m mt.
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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