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Gas prices on the Balkan Gas Hub rose to about 94.73 EUR/MWh while the TTF benchmark held above 98 EUR/MWh. Prices were driven by higher heating demand, low European storage levels and concerns about a possible escalation of the Middle East conflict.
Low storage and geopolitical risk to LNG supply support European gas prices, which can pull up global LNG demand and natural gas costs.
Not enough comparable past events yet for a historical read.
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.