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European wholesale gas prices pulled back from fresh 2022 highs as traders took profits after a multi-week rally. Both benchmarks are still on track for monthly gains above 30% ahead of peak winter demand, and British NBP futures slipped 4.2% to 238.25 pence per therm.
Tight European gas supply raises energy and nitrogen fertilizer costs, supporting input prices for feed producers.
ng.investing.comOct 29, 2026After 136 past bullish geopolitics events, Natural Gas moved a median +2.7% over 5 sessions (63% higher; middle half -1.8% to +8.8%), and +4.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
