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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.
NATURAL GAS
Gas storage sites across Europe are slowly turning to net withdrawals after a warm October/early November granted an extended grace period according to the IEA.
- Monday marked the first day of the current heating season when withdrawals outweighed injections, with a small margin of 6 mcm - this is almost a month later than usual.
- The withdrawal was primarily driven by the Netherlands and Germany, with both markets facing slightly colder temperatures and impacted by lower Norwegian exports into Europe amidst unplanned outages at the Åsgard and Visund fields.
- Warmer weather and an increase in Norwegian flows may push Europe back to a few more days of injections through the latter half of November.
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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