European Gas prices extend gains as weather risks mount – ING
European Natural Gas prices rose again as colder weather and lower wind generation boosted demand expectations, even as storage levels remain below average and speculative interest stays muted, ING's commodity experts Ewa Manthey and Warren Patterson note.

European Natural Gas prices rose again as colder weather and lower wind generation boosted demand expectations, even as storage levels remain below average and speculative interest stays muted, ING's commodity experts Ewa Manthey and Warren Patterson note.

EU Gas storage at 83%, below five-year average

"European Natural Gas prices continued to show strength yesterday, with the Title Transfer Facility (TTF) settling 2.55% higher. EU Gas storage remains stable at around 83%, below the 5-year average of 92%. Prospects for lower wind generation and colder-than-usual weather in December provided a boost to the market."

"The EU Gas balance remains vulnerable this winter, although it’s clearly something that the market is not overly concerned about. This is evident from the lack of interest from speculators in the European Gas market."

FXStreet
Trade The World
More than a million users rely on FXStreet for real-time market data, charting tools, expert insights, and forex news. Its comprehensive economic calendar and educational webinars help traders stay informed and make calculated decisions. FXStreet is supported by a team of about 60 professionals, split between the Barcelona headquarters and various global regions.
Read More

LIVE QUOTES

Name / Symbol
Chart
% Change / Price
XBRUSD
1 D change
+0%
0
XTIUSD
1 D change
+0%
0
XPTUSD
1 D change
+0%
0

ALL ABOUT ENERGIES

Explore More Tools
Trading Academy
Browse a wide range of educational articles covering trading strategies, market insights, and financial fundamentals, all in one place.
Learn More
Courses
Explore structured trading courses designed to support your growth at every stage of your trading journey.
Learn More
Webinar
Join live and on-demand webinars to gain real-time market insights and trading strategies from industry experts.
Learn More