TTF Prices Fall Toward 18-Month Low

2025-11-19 12:34 By Agna Gabriel 1 min. read

European natural gas futures dropped to below €31/MWh, nearing an 18-month low, as forecasts for warmer weather next week reduced anticipated heating demand.

Short-term forecasts predict cold, calm conditions across Northern and Central Europe through Saturday, but temperatures are expected to rebound afterward, prompting a revision toward milder conditions.

Net EU gas withdrawals are set to rise moderately midweek after prior increases, but the market reacted to the warmer outlook with lower prices.

EU storage is at 81.7% of capacity, below last year’s 90.7%, while Norwegian pipeline flows remain stable and LNG imports are steady.

European LNG imports have reached 101.38 million tons so far this year, up 16.75 million tons from 2024.

Ukraine has secured US LNG via Greece for Dec 2024–Mar 2025 to mitigate winter supply risks amid geopolitical tensions.



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