MNI BRIEF: Canadian Firms' Price Plans Lowest In 3 Yrs- CFIB

MNI China Daily Summary: Thursday, June 27

MNI BRIEF: China EU In Close Communication - MOFCOM

MNI BRIEF: China To Hold Key Third Plenum On July 15-18

MNI Brief: China Third Plenum To Deepen Reforms

Core Durables Remain Soft, Reinforcing Subdued Goods Production Outlook

Canada April Payroll Wage Growth Slows To 3.7%, Employment -0.1%

Retail Sales Remain Soft; Large Fall In Construction Confidence In EC Survey

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

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

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

TTF Rebounds on Storage Withdrawals, Weather

NATURAL GAS

TTF front month has rebounded from an earlier low of €41.40/MWh to trade slightly higher on the day amid higher-than-normal storage withdrawals due to the ongoing cold snap, offsetting overall lower demand, healthy near-term supplies and high storage levels.

    • TTF DEC 23 up 0.6% at 43.04€/MWh
    • TTF Q1 24 up 0.7% at 44.15€/MWh
    • TTF SUM 24 down 0% at 42.99€/MWh
  • EU gas storage withdrawals have risen to 4,895GWh/d on 27 November, compared with the five-year average of 3,371GWh/d.
  • Temperatures in NW and central Europe are forecast to remain slightly below normal into the start of December before warmer weather pushes temperatures back above normal into next week.
CEEMEAEnergy BulletsCommodities
CEEMEAEnergy 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.