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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 consumption fell by close to 25% on a yearly basis in November according to the IEA.
- It is the steepest monthly decline this year, with a drop of 13 bcm in absolute terms.
- Unseasonably mild weather, especially in the first half of the month, depressed residential and commercial demand, sending it down by over 30%.
- Industrial gas demand, which suffered the most so far this year, fell less steeply, by an estimated 5-10%.
- Lower than expected demand is protecting European gas storages, which are still 93% full -well-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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