# Europe’s gas stores are running low — and prices could top 100 euros

> Analysts warn European gas prices could top €100 per MWh this winter as storage remains historically low. Competition with Asia for flexible US LNG cargoes and disrupted Middle East flows through Hormuz are cited as key factors.

- Date: 2026-08-27 · published 2026-08-27T12:00:00.000Z
- Category: geopolitics · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/18060-europe-s-gas-stores-are-running-low-and-prices-could-top-100-euros
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A possible move above €100 per MWh would raise nitrogen fertilizer production costs in Europe and tighten the energy outlook for feed and food markets.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2023-05-25 | [SHELL \| Global LNG prices could spike this winter on low European gas stocks](https://feedsoft.ai/events/36127-shell-global-lng-prices-could-spike-this-winter-on-low-european-gas-stocks.md) | -15.9% | +6.0% |
| NATGAS | 2022-02-24 | [European gas prices soar and oil tops $105 after Russia attacks Ukraine](https://feedsoft.ai/events/42882-european-gas-prices-soar-and-oil-tops-105-after-russia-attacks-ukraine.md) | +2.2% | +13.9% |
| NATGAS | 2021-12-14 | [Europe facing record low gas storage by winter's end](https://feedsoft.ai/events/43785-europe-facing-record-low-gas-storage-by-winter-s-end.md) | -1.2% | +7.3% |
| NATGAS | 2026-08-28 | [Gas Prices in Asia and Europe Jump as Qatar Extends LNG Force Majeure \| OilPrice.com](https://feedsoft.ai/events/18063-gas-prices-in-asia-and-europe-jump-as-qatar-extends-lng-force-majeure-oilprice.md) | +1.1% | +10.5% |
| NATGAS | 2026-10-01 | [Will European Gas Prices Keep Rising This Winter?](https://feedsoft.ai/events/17649-will-european-gas-prices-keep-rising-this-winter.md) | +5.2% | -7.8% |

## Sources

- cnbc.com: https://www.cnbc.com/2026/08/27/europe-gas-storage-prices-winter-lng.html

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