European gas prices fall as weak demand eases pressure
Updated
Updated · The Wall Street Journal · Apr 30
European gas prices fall as weak demand eases pressure
7 articles · Updated · The Wall Street Journal · Apr 30
The benchmark Dutch TTF contract slipped 0.1% to 46.81 euros per megawatt-hour, while EU gas storage stood above 32% of capacity.
ING analysts said weaker spring demand, some LNG demand destruction and strong terminal-to-pipeline flows were helping keep the market relatively calm despite Middle East disruption concerns.
They warned prolonged disruption could complicate Europe’s refill efforts before winter 2026/27, especially if higher Asian LNG prices draw cargoes away from Europe.
With Asia winning the bidding war for scarce LNG, which European industries are now at risk of collapse?
As Qatar's LNG exports are crippled, can Europe refill its gas storage in time for the coming winter?
Has Europe's energy strategy swapped Russian dependency for American leverage amid a new global supply crisis?