# Europe's gas prices retreat as storage almost full | Reuters

> Europe's gas futures softened as storage facilities filled, with the November-January calendar spread moving into a contango of 18 euros per MWh. Rationing could still be needed later in winter, but nearby prices are retreating to slow inventory additions.

- Date: 2022-10-13 · published 2022-10-13T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/12792-europe-s-gas-prices-retreat-as-storage-almost-full-reuters
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Full storage and a shift to contango signal lower near-term gas prices and reduced scarcity premium. The outlook still depends on winter demand and possible rationing.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/business/energy/europes-gas-prices-retreat-storage-almost-full-kemp-2022-10-13/

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