Free Trial

What to Watch: US Gas Stocks, ARA Product Stocks & WTI Option Expiry

ENERGY
  • The EIA weekly gas inventories for the week ending May 10 will be released this afternoon at 10:30 ET (15:30BST). The expectation is for a build of 77bcf according to a Bloomberg survey following a build of 79bcf the previous week. The seasonal normal is a build of around 88bcf.
  • The updated Insights Global European ARA product inventories will be released today around 15:15BST. Gasoil stocks last week rose to 2.32m mt compared to the five year average of 2.25m mt. ARA Gasoline stocks last week fell to 0.971m mt and below the seasonal normal of 1.22m mt.
  • The June24 WTI options expire against the 19:30BST futures close price today.

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.