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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
German natural gas consumption last week stood 32.6% below the 2018-2021 average. Demand rose by 12.7% week on week, largely driven by a recovery in industrial demand use, Bnetza data showed.
- Demand stood 37% below the average in the week prior.
- Consumption from industry continued its recovery and stood 1.4% below 2022 levels at 1.2TWh/d.
- Natural gas demand from households and small businesses stood at 423GWh/d last week, down by around 33% from last year’s levels.
- German natural gas reserves stood at 98.42% of capacity as of 17 October, up from 97.1% a week earlier, GIE data showed.
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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