Free Trial
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
Above normal European natural gas injection rates are pushing the end of season stocks up towards capacity and the highest in over ten years.
- European natural gas storage was up to 99.25% full on 29 Oct according to GIE data compared to the five year average of 90.1%.
- Net injections have increased in the last few days and well above the average rates from the previous five years. Net injections averaged about 1,006GWh/d in the week to 29 Oct compared to the five year average for the period of just 331GWh/d.
- The previous five year average shows a switch from net injections to net withdrawals by 3 November.
- All 18 EU AGSI natural gas storage reporting countries are over 95% full while Ukraine storage is at 39.17% full.
- TTF DEC 23 down -4.2% at 50.8€/MWh
- TTF Q1 24 down -4% at 52.7€/MWh
- TTF SUM 24 down -3.4% at 50.8€/MWh
Source: GIE / Bloomberg
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok