Actual
73.53
Daily Change
1.17 1.61%
Monthly
-0.15%
Yearly
133.75%
Q4 Forecast
72.08
EU Natural Gas - Summary

European natural gas prices climbed above €73/MWh on Thursday, extending their rebound from a one-month low, as traders continue to monitor Middle East developments and the bloc’s gas storage levels ahead of winter. Europe’s gas prices have risen 158% so far this year, as uncertainty over the reopening of the Strait of Hormuz continues to affect gas markets, with US-Iran talks remaining deadlocked. European gas storage is around 71% full, well below the five-year seasonal average of 87%, while Germany’s inventories are just above 57%. While some Gulf LNG cargoes have transited the strait in recent weeks, volumes remain too low to materially ease global supply tightness. QatarEnergy has extended force majeure on LNG deliveries to Italy’s Edison until December, while Pakistan's supply arrangements have been extended into November. However, softer Chinese LNG demand offers some relief, with imports expected to fall for a second month, potentially freeing up cargoes for European buyers.

EU Natural Gas - Stats

EU Gas rose to 73.28 EUR/MWh on October 1, 2026, up 1.27% from the previous day. Over the past month, EU Gas's price has fallen 0.48%, but it is still 132.97% 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 October 1 of 2026.

EU Natural Gas - Forecast

EU Gas rose to 73.28 EUR/MWh on October 1, 2026, up 1.27% from the previous day. Over the past month, EU Gas's price has fallen 0.48%, but it is still 132.97% 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 80.87 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 90.96 in 12 months time.



Price Day Month Year Date
Crude Oil 93.14 2.720 3.01% 2.34% 54.00% Oct/01
Brent 102.41 4.381 4.47% 7.09% 59.74% Oct/01
Natural gas 2.96 -0.0702 -2.32% -0.01% -14.13% Oct/01
Gasoline 3.41 0.1490 4.57% 9.85% 84.19% Oct/01
Heating Oil 4.64 -0.0445 -0.95% -0.82% 106.98% Oct/01
EU Gas 73.53 1.17 1.61% -0.15% 133.75% Oct/01
UK Gas 184.32 1.2400 0.68% 1.19% 129.65% Oct/01
Ethanol 2.05 -0.0250 -1.21% -0.49% 6.51% Sep/30
Naphtha 794.74 -2.46 -0.31% 4.32% 47.76% Sep/30
Propane 0.89 -0.01 -0.56% 18.92% 28.40% Sep/30
Uranium 89.45 -0.0500 -0.06% 0.11% 7.64% Sep/30
Methanol 3,850.00 152.00 4.11% 23.64% 76.04% Sep/30



Related Last Previous Unit Reference
Germany Natural Gas Imports 282681.20 271061.74 Terajoule Aug 2026
France Natural Gas Imports 148315.54 114961.56 Terajoule Aug 2026
Germany Natural Gas Stocks Inventory 143.37 142.91 TWh Sep 2026
France Natural Gas Stocks Inventory 103.41 103.10 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
73.28 72.36 345.00 3.37 2010 - 2026 EUR/MWh Daily

News Stream
European Gas Prices Extend Gains
European natural gas prices climbed above €73/MWh on Thursday, extending their rebound from a one-month low, as traders continue to monitor Middle East developments and the bloc’s gas storage levels ahead of winter. Europe’s gas prices have risen 158% so far this year, as uncertainty over the reopening of the Strait of Hormuz continues to affect gas markets, with US-Iran talks remaining deadlocked. European gas storage is around 71% full, well below the five-year seasonal average of 87%, while Germany’s inventories are just above 57%. While some Gulf LNG cargoes have transited the strait in recent weeks, volumes remain too low to materially ease global supply tightness. QatarEnergy has extended force majeure on LNG deliveries to Italy’s Edison until December, while Pakistan's supply arrangements have been extended into November. However, softer Chinese LNG demand offers some relief, with imports expected to fall for a second month, potentially freeing up cargoes for European buyers.
2026-10-01
European Gas Prices Remain at 1-Month Low
European natural gas prices hovered around €69 per megawatt-hour, a one-month low, with traders continuing to monitor the bloc’s winter supply outlook. Prices were on track for a modest monthly decline but were up about 60% in the third quarter. Europe is scrambling for supply to replenish gas reserves ahead of winter, with storage facilities around 71% full, well below the five-year seasonal average of 87%, while Germany’s sites were just above 57%. The supply outlook remains particularly uncertain as disruptions to LNG shipments linked to difficulties navigating the Strait of Hormuz continue to pose risks to European imports. QatarEnergy has extended force majeure on LNG supplies to Italy’s Edison until December, while Pakistan’s supply arrangements have been extended into November as shipping disruptions persist. However, softer Chinese LNG demand has eased some pressure on the global market, with imports set to decline for a second consecutive month.
2026-09-30
EU Gas Hits 4-week Low
EU Gas decreased to 68.61 EUR/MWh, the lowest since August 2026. Over the past 4 weeks, Natural Gas EU lost 1.46%, and in the last 12 months, it increased 119.01%.
2026-09-29