# European gas eases from 2022 peaks as profit-taking checks rally By Investing.com

> 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.

- Date: 2026-10-29 · published 2026-10-29T18:06:00.059Z
- Category: geopolitics · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/1449-european-gas-eases-from-2022-peaks-as-profit-taking-checks-rally-by-investing
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Tight European gas supply raises energy and nitrogen fertilizer costs, supporting input prices for feed producers.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2026-10-29 | [The Commodities Feed: European gas tops EUR100 as supply fears grow \| ING THINK](https://feedsoft.ai/events/261-the-commodities-feed-european-gas-tops-eur100-as-supply-fears-grow-ing-think.md) | -1.8% | — |
| NATGAS | 2026-10-28 | [European gas price crosses €100 for first time since 2022 as EU warns of new crisis \| Euronews](https://feedsoft.ai/events/267-european-gas-price-crosses-100-for-first-time-since-2022-as-eu-warns-of-new.md) | +0.7% | — |
| NATGAS | 2026-09-09 | [European Natural Gas Prices Surge as Middle East Attacks Choke LNG Shipments - WSJ](https://feedsoft.ai/events/17648-european-natural-gas-prices-surge-as-middle-east-attacks-choke-lng-shipments-wsj.md) | +1.3% | +5.6% |
| NATGAS | 2026-10-26 | [Natural-Gas Prices in Europe Climb to Highest Level Since 2022 Amid Iran War - WSJ](https://feedsoft.ai/events/622-natural-gas-prices-in-europe-climb-to-highest-level-since-2022-amid-iran-war-wsj.md) | +5.2% | — |
| NATGAS | 2021-12-30 | [Hoping for cheaper gas to come, Europe reverses Russian link to tap storage](https://feedsoft.ai/events/43783-hoping-for-cheaper-gas-to-come-europe-reverses-russian-link-to-tap-storage.md) | +3.6% | +42.4% |

## Sources

- ng.investing.com: https://ng.investing.com/news/commodities-news/european-gas-eases-from-2022-peaks-as-profittaking-checks-rally-2766430

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