Aug. 3 at 12:12 PM
$VG Europe Gas Buffer at Risk as Levels Hit 18-Year Seasonal Low
European gas-storage levels fell to their lowest for this time of year in almost two decades after the war in the Middle East drove up prices and stalled winter stockpiling.
European Union inventories were only 57.1% full at the start of August, with storage levels remaining very low in countries including Belgium, the Netherlands, Latvia, Bulgaria, Germany, and Slovakia.
Analysts have warned of increasing winter risks if global gas supplies remain tight, with prices potentially climbing as high as €100 a megawatt-hour in December.
https://www.bloomberg.com/news/articles/2026-08-03/eu-s-winter-gas-buffer-at-risk-as-storage-levels-hit-18-year-low