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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
European gas demand dropped by close to 25% y-o-y in October on unseasonably mild weather and continued demand destruction in industry according to the IEA.
- This translates into a drop of 10 bcm compared to last year, enabling some late storage injections in October.
- Demand in the residential and commercial sectors fell by almost one-third as the start of the heating season has been effectively delayed in most of the European markets.
- Demand destruction continued in the most gas- and energy-intensive industries, driving down industrial gas demand by around 40% y-o-y.
- European storage sites are now close to 95% full, standing 5% (or 5 bcm) above their 5y average.
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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