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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.
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Free AccessEuropean Gas Has Fortuitous Winter
EU gas demand fell by over 20% yoy since the start of the heating season, a drop of 25 bcm in absolute terms according to the IEA.
- When looking at by key drivers, mild weather conditions accounted for roughly half of the decline.
- Depressed industrial demand accounts for around 25% of the overall reduction. The current price levels of below $20/mmbtu are already stimulating some demand ramping-back.
- Efficiency gains, fuel switching and behavioural changes account for the remaining 25% of the overall demand reduction.
To read the full story
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Please enter your details below.
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.