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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 rose 11.9% above the 2018-2021 average, driven by increased heating demand as temperatures fell well below the seasonal norm, Bnetza data showed.
- Demand stood 19.9% below the average in the week prior.
- Temperatures last week stood 5.6° C above the 2018-21 average.
- Natural gas consumption from households and small businesses surged to 2,427GWh/d last week, up from 1,556GWh/d the week prior. Demand stood well above the 2018-2021 average of 2,116GWh/d.
- Industrial gas use last week rose to 2,263GWh/d, up from 1,594GWh/d the week prior and above the 2018-21 average of 2,074GWh/d.
- German gas stocks stood at 83.17% of capacity as of 16 January, down from 87.6% 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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