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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.
NATURAL GAS
European natural gas storage injections this week are in line with the seasonal norm as storage levels are approaching 99% of capacity, GIE data show.
- Net injections have eased back this week and are now in line with the seasonal average. Net injections stood at 604.5GWh/d and 729GWh on Monday and Tuesday, respectively, in line with the average.
- Last week, net injections rose up to 1.87TWh/d on Saturday, well above the seasonal average at 732GWh/d.
- European natural gas storage stood at 98.69% of capacity as of 24 October, with the five-year average at around 90%.
- Storage in Germany is now at 98.86%, Italy at 98.4%, France at 98.92%, the Netherlands at 98.75% and Austria at 98.17%.
- Latest BNEF estimates suggested European gas stocks will end the winter in March at 44% full.
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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