MNI BRIEF: Strong Aussie Jobs Keeps RBA Hike On Radar

MNI BRIEF: RBNZ Peak Rate In Focus After Weak Q4 GDP

MNI: PBOC Net Injects CNY106 Billion via OMOs Thursday

Japan Feb Exports +6.5% Y/Y; Imports +8.3% Y/Y

MNI:AUSTRALIA FEB UNEMPLOYMENT RATE +3.5%

MNI JAPAN JAN CORE MACHINE ORDERS +9.5% M/M; DEC +0.3%

MNI BRIEF: Trudeau Justified Using Emergency Act, Judge Finds

MNI: Canada Boosting Health Spending CAD46.2B Over 10 Years

(RPT)MNI INTERVIEW: BOC In One And Done Zone - Chamber

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial
SGD

NEER Marginally Firmer, Export Data On Tap Tomorrow

JGBS

20-Year JGB Supply Goes Poorly

BONDS

NZGBS: Off Bests Despite Weaker GDP Data

EUROZONE

March To Date Signals Increased Recession Risk But Still Low

JGBS AUCTION

20-Year JGB Auction Results

JGBS AUCTION

12-Month Bill Auction Results

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Trending Top 5
Market News Topics

German Gas Demand Rises, Remains Below 4-Year Average

NATURAL GAS
BulletEnergy BulletsHomepageCommodities

German gas consumption saw a weekly increase last week but remained well below the four-year average, Bnetza data show.

  • Gas consumption during calendar week two increased by 12.7% on the week amid colder weather but demand was 34.2% below the four-year average because of milder weather than in the previous years.
  • Temperature-adjusted demand during calendar weeks one and two stood 25% below the four-year average.
  • German gas reserves stood at 89.32% of capacity, down 90.64% a week earlier.
  • German gas output for electricity generation stood at 710.16GWh last week, compared with 704.29GWh a week earlier, data from Fraunhofer ISE show.
  • TTF FEB 23 down -3.6% at 59.47€/MWh
107 words

To read the full story

Why Subscribe to

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.

German gas consumption saw a weekly increase last week but remained well below the four-year average, Bnetza data show.

  • Gas consumption during calendar week two increased by 12.7% on the week amid colder weather but demand was 34.2% below the four-year average because of milder weather than in the previous years.
  • Temperature-adjusted demand during calendar weeks one and two stood 25% below the four-year average.
  • German gas reserves stood at 89.32% of capacity, down 90.64% a week earlier.
  • German gas output for electricity generation stood at 710.16GWh last week, compared with 704.29GWh a week earlier, data from Fraunhofer ISE show.
  • TTF FEB 23 down -3.6% at 59.47€/MWh