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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
Natural gas demand in Europe remains tepid with EU natural gas demand 20% below the 2019-21 average in July according to Bruegel data. Low demand has assisted gas storage up above the five year average to 88.28% full on a 9 Aug according to GIE data compared to the five year average for this time of year of 74.1%.
- Industrial demand in the region had risen to 90% of the average in June but declined in July back to 85%. Household demand was also at 85% of the average in July while power demand was 76%.
- Earlier this week EON CEO highlighted the continued risk for prices this winter urging homes and businesses to continue to conserve gas and power.
Source: Bruegel
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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