MNI BRIEF: China State Planner To Increase Trade-in Support

MNI China Daily Summary: Thursday, July 25

MNI BRIEF: Japan Govt Keeps Econ View, Cuts Exports

MNI: PBOC Conducts CNY200 Bln via MLF Thurs; Rate Cut

MNI: PBOC Sets Yuan Parity Lower At 7.1321 Thurs; -1.92% Y/Y

CHINA PBOC CONDUCTS CNY235.1 BILLION VIA 7-DAY REVERSE REPOS THURS

US EIA:NAT GAS STORAGE +22 BCF TO 3,231 BCF JUL 19 WK

Core Goods Pipeline Pressures Pick Up On 3m/3m Basis

Aircraft-Led Durables Collapse Masks Rebound In Core Orders

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

EU Gas Demand Fell 20.9% YoY In January

NATURAL GAS

Natural gas con consumption in the EU member states fell by 20.9% against levels seen a year earlier according to Eurostat data.

  • A decline in gas consumption was mainly driven by lower heating demand amid temperatures well above the seasonal norm.
  • Gas demand in Spain fell the fastest by 29%, followed by Italy with 22%.
  • The REPowerEU plan, which aims to end dependence on Russian fossil fuels, aims for a 15% reduction in gas consumption in August 2022-March 2023 compared with the five-year average for that period.
  • Of the five biggest consumers — Germany, Italy, France, Spain and the Netherlands — only Spain has so far missed the 15% threshold, albeit narrowly.
Energy BulletsCommodities
Energy BulletsCommodities

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.