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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
Weekly data in Germany shows industrial gas consumption still 25% below the 2018-2021 normal and but households now just 17% below normal, up from 54% at the start of November according to THE data via Bundesnetzagentur.
- Cooler weather in NW Europe over the last week has seen an increase in heating demand after the warm start to the winter helped ease supply concerns. Overall German consumption was 21% below normal with the regulator aiming for a 20% reduction this winter.
- The German regulator earlier said that this winter would be ‘tense’ if storage levels fell below 40-55% by Feb 1 calling it a ‘critical’ situation. German storage was at 98.95% on Nov 23.
Source: Bundesnetzagentur / THE
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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