# TTF Gas Hits Two-Week High as Storage Drawdowns Outpace Five-Year Average by 2.8x

> European natural gas prices reached a two-week high as December Dutch TTF futures rose 1.11%. Gas Infrastructure Europe data show net storage withdrawals in the first 15 days of the heating season ran 2.8 times the five-year average, with storage at 71.25% as of November 11. Lower wind output, unplanned Norwegian field outages and temperatures about 3°C below normal are adding to demand.

- Date: 2026-11-15 · published 2026-11-15T21:10:42.459Z
- Category: macro · region EU · magnitude medium
- Page: https://feedsoft.ai/events/101798-ttf-gas-hits-two-week-high-as-storage-drawdowns-outpace-five-year-average-by-2
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Tight European gas supply raises the cost of nitrogen fertilizer and energy-intensive feed processing, which supports prices for grain-based feed and fertilizer-linked inputs.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2021-09-23 | [On the cusp of Europe's winter season, gas storage hits 10-yr low](https://feedsoft.ai/events/7928-on-the-cusp-of-europe-s-winter-season-gas-storage-hits-10-yr-low.md) | +15.2% | +3.2% |
| NATGAS | 2021-07-23 | [Natural gas price nears three-year high as summer heat strains supply](https://feedsoft.ai/events/46254-natural-gas-price-nears-three-year-high-as-summer-heat-strains-supply.md) | +0.8% | -4.5% |
| NATGAS | 2021-09-22 | [Nitrogen prices soar as high gas prices shut down production - Farmers Weekly](https://feedsoft.ai/events/45383-nitrogen-prices-soar-as-high-gas-prices-shut-down-production-farmers-weekly.md) | +20.7% | +1.3% |
| NATGAS | 2021-10-01 | [Asian prices surge to record high this week as winter starts](https://feedsoft.ai/events/44765-asian-prices-surge-to-record-high-this-week-as-winter-starts.md) | -0.5% | +0.2% |
| NATGAS | 2024-11-21 | [US natural gas drillers to lift 2025 output, reversing year of cuts](https://feedsoft.ai/events/27590-us-natural-gas-drillers-to-lift-2025-output-reversing-year-of-cuts.md) | +21.1% | +23.5% |

## Sources

- english.pravda.ru: https://english.pravda.ru/news/business/172859-ttf-gas-price-rise-storage-drawdown/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.