MNI BRIEF: China Visitor Mobile Payments Surge in H1

MNI China Daily Summary: Friday, July 26

MNI BRIEF: Foreign Firms Content In China

MNI BRIEF: Turkish Inflation Expectations Steady- TEBA

MNI China Press Digest July 26: Deposit Rates, Fiscal, PBOC

MNI: PBOC Net Injects CNY299.05 Bln via OMO Fri

MNI: BAKER HUGHES US RIG COUNT 589; OIL RIGS 482; GAS RIGS 101

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL JUL INDEX 66.4

EZ/UK Bond Supply Calendar: BoE Short APF Operation on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

TTF Edges Higher on Cool Weather and Norway Maintenance

NATURAL GAS

TTF front month is edging higher today with support from cool weather and ongoing Norwegian maintenance with upside limited by strong LNG flows and higher than average storage levels.

    • TTF MAY 23 up 0.8% at 41.47€/MWh
    • TTF WIN 23 up 0.9% at 56.45€/MWh
  • Some Norwegian maintenance planned for this week was yesterday cut short or pushed back because of Norwegian industry strikes. Kollsnes maintenance ends eight days earlier than planned, and some works at Troll are delayed until next week. Oil and gas production is unaffected by the strikes. Norwegian imports are today nominated slightly higher than yesterday at 311.1mcm/d.
  • LNG imports into Europe are strong up at 473mcm/d on 16 Apr with competition for supplies from Asia still muted despite some increased interest at the lower price this year.
  • European gas storage is at 56.55% on 16 Apr according to GIE data with near normal injections.
  • Gas transit flows through Ukraine are today nominated at 41.7mcm/d and Algeria gas flow to Italy at Mazara are up at 83.8mcm/d.
Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

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.