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Keywords: Gas prices


EU gas storage reaches 70% as Europe faces a tighter winter supply outlook

European Union gas storage facilities were around 70% full on September 23, highlighting the progress made ahead of the winter season while remaining below last year’s level and exposing significant differences between member states. Data from Gas Infrastructure Europe (GIE) showed that EU storage......

Middle East crisis deepens fears of a prolonged global gas supply squeeze

The disruption caused by the Middle East crisis is increasingly raising concerns that tight natural gas supplies could persist well beyond the coming winter, adding pressure to an already fragile global energy market. Industry representatives say the disruption of liquefied natural gas (LNG) flows from......

EU gas storage remains at historically low level ahead of winter

Gas storage facilities across the European Union have passed the 70% filling mark, but inventories remain significantly below levels typically recorded at this point of the year, highlighting the challenges facing the bloc as it prepares for the 2026–2027 heating season. Data from Gas Infrastructure......

European gas prices surpass $1,000 as energy market pressures intensify

European natural gas prices have climbed above $1,000 per 1,000 cubic metres for the first time since December 2022, highlighting renewed pressure on the continent’s energy market as concerns over supply and geopolitical risks continue to weigh on prices. October futures on the Dutch TTF benchmark,......

Iran conflict puts fresh pressure on global markets

Global financial markets came under renewed pressure on Tuesday as the escalation of military tensions in the Middle East sent energy prices higher and revived concerns over inflation, borrowing costs and the outlook for the world economy. The latest market movements followed new US strikes against......

France's inflation rises to 2.1% in July as energy and services drive consumer prices higher

Consumer price inflation in France accelerated in July, reaching 2.1% year-on-year, according to a preliminary estimate released by the country's national statistics agency, INSEE. The increase marks a noticeable rise from the 1.8% annual inflation rate recorded in June, reflecting renewed upward......

India’s LPG crisis pushes California gasoline prices above $6

California gasoline prices have surged past six dollars per gallon as the conflict involving Iran, Israel, and the United States disrupts global energy supply chains and reshapes fuel production priorities in India. The crisis has linked cooking gas shortages in South Asia to mounting pressure on American......

Energy shock from Iran war drives return to wood fuel

Two months after the outbreak of war in Iran, a global energy shock is forcing millions of households in Africa and South Asia to abandon cleaner cooking fuels and return to charcoal and firewood. The surge in fuel prices has disrupted access to liquefied petroleum gas and other modern energy sources,......

European gas prices surge as Iran ceasefire nears expiration

Global economic risks are intensifying as energy prices climb and geopolitical tensions persist between the United States and Iran. Seven weeks into the conflict, policymakers and economists warn of mounting stagflation pressures, driven by rising costs, slowing growth, and constrained monetary policy.......

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