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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 17.8% below the 2018-2021 average, partially due to temperatures above the seasonal norm weighing on household consumption, Bnetza data showed.
- Gas demand rose by 16.5% week on week.
- Industrial gas use last week stood at 1.54TWh/d, up from 1.42TWh/d a week earlier and up by 9.8% from the same week last year.
- Consumption from households and small businesses last week stood at 1.27TWh/d, up from 1.21TWh/d the week before and 3% below last year’s levels.
- German gas reserves stood at 100.7% of capacity as of 21 November, slightly down from 100.14% the week prior. Germany has still replenished gas stocks for most days so far in November. However, the upcoming cold spell this weekend could lift demand and net storage withdrawals.
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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