European natural gas prices rose 3.8% to around €42/MWh as market confidence in a swift supply recovery faded. Renewed attacks in Lebanon and the cancellation of planned talks aimed at solidifying a preliminary US-Iran truce weighed on sentiment. Although an earlier interim agreement between Washington and Tehran had briefly raised expectations of improved flows, shipping data showed no outbound tanker movements from the Persian Gulf on Friday morning after a short-lived increase in activity earlier in the week. Weather also supported prices, with forecasts of high temperatures across Europe expected to boost cooling demand. EU gas storage levels are currently around 45.56% full, compared with 54.38% a year earlier and 14% below the five-year average, while net injections in June are running below seasonal norms. Prices had fallen nearly 20% over the previous week on hopes that a US-Iran agreement would reopen the Strait of Hormuz and restore LNG flows from the Gulf.

TTF Gas rose to 42.06 EUR/MWh on June 19, 2026, up 3.78% from the previous day. Over the past month, TTF Gas's price has fallen 14.90%, but it is still 2.73% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, EU Natural Gas reached an all time high of 345 in March of 2022. EU Natural Gas - data, forecasts, historical chart - was last updated on June 19 of 2026.

TTF Gas rose to 42.06 EUR/MWh on June 19, 2026, up 3.78% from the previous day. Over the past month, TTF Gas's price has fallen 14.90%, but it is still 2.73% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. EU Natural Gas is expected to trade at 47.29 EUR/MWh by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 58.65 in 12 months time.



Price Day Month Year Date
Crude Oil 77.33 0.725 0.95% -21.31% 4.72% Jun/19
Brent 80.59 0.735 0.92% -23.27% 4.64% Jun/19
Natural gas 3.20 -0.0358 -1.11% 6.43% -16.89% Jun/19
Gasoline 3.00 0.0070 0.23% -13.92% 28.63% Jun/19
Heating Oil 3.19 0.0662 2.12% -19.09% 25.54% Jun/19
TTF Gas 42.06 1.53 3.78% -14.91% 2.73% Jun/19
UK Gas 101.10 4.4100 4.56% -15.79% 5.28% Jun/19
Ethanol 1.86 0.0250 1.36% -7.00% 14.11% Jun/18
Naphtha 692.24 0.36 0.05% -23.75% 20.00% Jun/18
Propane 0.73 -0.003 -0.40% -16.73% -6.76% Jun/18
Uranium 86.10 0.5500 0.64% 1.35% 13.44% Jun/18
Methanol 2,770.00 -107.00 -3.72% -2.81% 7.66% Jun/18



Related Last Previous Unit Reference
Germany Natural Gas Imports 315792.00 339402.11 Terajoule May 2026
France Natural Gas Imports 174521.82 170169.56 Terajoule Apr 2026
Germany Natural Gas Stocks Inventory 92.47 91.92 TWh Jun 2026
France Natural Gas Stocks Inventory 57.80 57.34 TWh Jun 2026

EU Natural Gas
Dutch TTF Gas is a leading European benchmark price as the volumes traded represent more than 14 times the amount of gas used by the Netherlands for domestic purposes. Contracts are for physical delivery through the transfer of rights in respect of Natural Gas at the Title Transfer Facility (TTF) Virtual Trading Point, operated by Gasunie Transport Services (GTS), the transmission system operator in the Netherlands. Delivery is made equally each hour throughout the delivery period from 06:00 (CET) on the first day of the month until 06:00 (CET) on the first day of the next month. Futures are available for trading in the Intercontinental Exchange Inc. (ICE). Prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our natural gas market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. The data is supplied by a third party and, while efforts are made to ensure its accuracy, Trading Economics does not verify the data and makes no representations or warranties regarding its accuracy..
Actual Previous Highest Lowest Dates Unit Frequency
42.06 40.53 345.00 3.37 2010 - 2026 EUR/MWh Daily

News Stream
TTF Prices Rise as Supply Recovery Doubts Grow
European natural gas prices rose 3.8% to around €42/MWh as market confidence in a swift supply recovery faded. Renewed attacks in Lebanon and the cancellation of planned talks aimed at solidifying a preliminary US-Iran truce weighed on sentiment. Although an earlier interim agreement between Washington and Tehran had briefly raised expectations of improved flows, shipping data showed no outbound tanker movements from the Persian Gulf on Friday morning after a short-lived increase in activity earlier in the week. Weather also supported prices, with forecasts of high temperatures across Europe expected to boost cooling demand. EU gas storage levels are currently around 45.56% full, compared with 54.38% a year earlier and 14% below the five-year average, while net injections in June are running below seasonal norms. Prices had fallen nearly 20% over the previous week on hopes that a US-Iran agreement would reopen the Strait of Hormuz and restore LNG flows from the Gulf.
2026-06-19
European Gas Head for Sharp Weekly Loss
European natural gas prices rose to around €41.5 per MWh but remained on track for a weekly loss of more than 11% amid easing Middle East supply risks. An interim peace agreement between the US and Iran, signed on Wednesday, has seen shipping through the Strait of Hormuz begin returning to normal, with several vessels reportedly transiting the waterway on Thursday. The reopening of the strait sent European gas prices to a two-month low, erasing most of the war-driven gains. Qatar, the world’s largest LNG exporter, is preparing to rapidly resume production at its Ras Laffan facilities and expects output at sites unaffected by Iranian strikes to return to full capacity within a month. The resumption of LNG exports from the Persian Gulf could support Europe's efforts to replenish relatively low gas storage levels ahead of next winter.
2026-06-19
European Gas Prices Near 2-Month Low
European natural gas prices fell 3% to around €40.6 per MWh, the lowest since April 20, as an interim US–Iran agreement is now in effect after both sides signed the memorandum remotely. Pakistan's prime minister said the signing means Iran will “instantly reopen” the Strait of Hormuz and the US will “immediately lift” its naval blockade on all Iranian ports. The deal also includes the permanent end to hostilities and initiates a 60-day negotiating period to reach a final agreement on the future of Iran's nuclear program, although Trump warned he would restart the war if Tehran fails to comply with the terms of the 14-point memorandum of understanding. In anticipation of the strait's imminent reopening, a handful of vessels have started returning to the Middle East, including tankers from Qatar, the world's second-largest LNG exporter.
2026-06-18