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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
German gas consumption last week rose by 8% week on week but remained 38% below the four-year average because of milder weather and holidays, Bnetza said.
- Gas demand adjusted for temperatures during the calendar weeks 52 and 1 stood 25% below the four-year average, exceeding the country’s gas demand reduction target of 20%.
- German gas storage reserves stood at 91.01% of capacity on 10 Jan. Germany saw 18 days of uninterrupted net stock injections between 21 Dec and 8 Jan, amid lower demand because of the holidays and seasonally mild weather.
- Gas output for power generation stood at a total of 704.3GWh, up from 458.2GWh the week prior, but well below the same last year at 933.6GWh – not adjusted for temperatures, data from energy-charts show.
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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