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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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Free AccessWarm Weather and EU Proposals Ease Winter Supply Fears
TTF extends decline due to the warm start to the winter and increasing storage level to 93.4%, easing fears of short term supply disruptions.
- EU Energy Minister will meet tomorrow to continue discussion of more emergency measures including joint gas purchases and a temporary dynamic gas price corridor. EU efforts earlier this year helped bring prices down over 70% from the peak in August. In the last couple of months EU have approved measures to reduce power demand, reduce gas demand, a solidarity contribution, generation revenue cap and gas storage targets.
- Concern remains over tight supplies beyond this winter with demand reduction measures likely required until LNG supplies can increase to cover the missing Russia flows.
- TTF NOV 22 down -15% at 96.5€/MWh
- TTF SUM 23 down -6% at 137.4€/MWh
- TTF WIN 23 down -5.3% at 134.67€/MWh
- TTF SUM 24 down -2.7% at 98.28€/MWh
- TTF WIN 24 down -2.9% at 97.5€/MWh
To read the full story
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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.