Actual
79.52
Daily Change
3.16 4.14%
Monthly
25.46%
Yearly
146.12%
Q3 Forecast
80.10
EU Natural Gas - Summary

European natural gas prices rose to €79/MWh on Friday, rebounding after three consecutive sessions of losses, with depleted reserves and disruptions to LNG shipments remaining in focus. The region is entering winter with low storage levels as the US-Iran war severely curtailed LNG supplies from the Persian Gulf and record summer heatwaves hampered efforts to rebuild inventories. Underground storage facilities were only around 68% full, well below seasonal averages and the EU’s target of 80% capacity by December. Strong demand from Asia and other buyers could also drive more intense competition for LNG cargoes when colder weather sets in, leaving the region more exposed to price spikes. European gas prices have nearly tripled so far this year and reached their highest level since December 2022 earlier this week. Despite Friday’s rise, European gas prices were down more than 2% this week, their first weekly drop in six.

EU Natural Gas - Stats

EU Gas rose to 79.52 EUR/MWh on September 18, 2026, up 4.14% from the previous day. Over the past month, EU Gas's price has risen 25.46%, and is up 146.12% compared to the same time last year, 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 345.00 in March of 2022. EU Natural Gas - data, forecasts, historical chart - was last updated on September 20 of 2026.

EU Natural Gas - Forecast

EU Gas rose to 79.52 EUR/MWh on September 18, 2026, up 4.14% from the previous day. Over the past month, EU Gas's price has risen 25.46%, and is up 146.12% compared to the same time last year, 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 80.10 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 100.54 in 12 months time.



Price Day Month Year Date
Crude Oil 100.30 -1.610 -1.58% 18.85% 60.74% Sep/18
Brent 103.87 -0.950 -0.91% 13.37% 55.77% Sep/18
Natural gas 2.91 0.0110 0.38% 3.48% 0.83% Sep/18
Gasoline 3.53 0.0203 0.58% 8.37% 79.24% Sep/18
Heating Oil 5.06 -0.0561 -1.10% 13.60% 120.01% Sep/18
EU Gas 79.52 3.16 4.14% 25.46% 146.12% Sep/18
UK Gas 198.16 7.4300 3.90% 26.71% 147.55% Sep/18
Ethanol 2.03 -0.0650 -3.11% -0.74% 5.19% Sep/18
Naphtha 839.26 1.49 0.18% 11.53% 49.72% Sep/18
Propane 0.84 -0.005 -0.54% 9.75% 18.27% Sep/18
Uranium 89.70 0 0% 1.64% 16.65% Sep/18
Methanol 3,433.00 -43.00 -1.24% 20.46% 51.37% Sep/18



Related Last Previous Unit Reference
Germany Natural Gas Imports 282681.20 271061.74 Terajoule Aug 2026
France Natural Gas Imports 114961.56 124522.25 Terajoule Jul 2026
Germany Natural Gas Stocks Inventory 139.25 138.90 TWh Sep 2026
France Natural Gas Stocks Inventory 97.99 97.27 TWh Sep 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
79.52 76.36 345.00 3.37 2010 - 2026 EUR/MWh Daily

News Stream
European Gas Prices Bounce Back
European natural gas prices rose to €79/MWh on Friday, rebounding after three consecutive sessions of losses, with depleted reserves and disruptions to LNG shipments remaining in focus. The region is entering winter with low storage levels as the US-Iran war severely curtailed LNG supplies from the Persian Gulf and record summer heatwaves hampered efforts to rebuild inventories. Underground storage facilities were only around 68% full, well below seasonal averages and the EU’s target of 80% capacity by December. Strong demand from Asia and other buyers could also drive more intense competition for LNG cargoes when colder weather sets in, leaving the region more exposed to price spikes. European gas prices have nearly tripled so far this year and reached their highest level since December 2022 earlier this week. Despite Friday’s rise, European gas prices were down more than 2% this week, their first weekly drop in six.
2026-09-18
European Gas Steadies as Traders Assess Supply Outlook
European natural gas prices steadied at €78/MWh on Thursday, not far from a more than three-and-a-half-year high, as traders assessed the region’s gas supply outlook. Europe is heading into winter with gas storage levels among the lowest seen in two decades, with underground sites only about 68% full, as sustained disruptions to LNG supplies from the Persian Gulf and record summer heatwaves have severely constrained efforts to replenish reserves. This has raised concerns about whether gas supplies will be sufficient during the heating season. Strong demand from Asia and other buyers could also drive more intense competition for LNG cargoes when colder weather sets in. Meanwhile, investors are watching for clearer signals on Germany’s gas purchasing plans, with any increase in buying potentially providing further support to prices amid tight global supplies.
2026-09-17
European Gas Holds Near Multi-Year Highs Amid Supply Concerns
European natural gas prices traded near €80/MWh on Wednesday after rising as much as 4% earlier in the session, with prices remaining close to 2022 highs as supply concerns persist ahead of the winter heating season. Military tensions have kept the Strait of Hormuz largely inaccessible to commercial shipping, keeping Qatari LNG export flows severely restricted and limiting supplies to Europe. European gas storage facilities are around 68% full, still below the seasonal average at a time when inventories would typically be nearing maximum capacity. Concerns over supply security have been reinforced by JERA Global CEO Yukio Kani, who warned that Europe’s low inventories leave the region vulnerable to prolonged disruptions and stronger competition for LNG cargoes. At the same time, scheduled maintenance at Norwegian gas facilities is temporarily reducing pipeline supplies to Europe, further tightening near-term supply.
2026-09-16