# Higher Natural Gas Prices Seen This Winter in Europe as Geopolitical Complications Mount

> BofA analysts expect European gas prices to rise into winter 2025/26 as TTF has doubled since February. They flag risks of lost Russian supply in January and the absence of Ukrainian auxiliary storage. Jefferies also sees near-term prices reflecting heightened geopolitical risk around the Ukrainian incursion into Kursk, near the Sudzha gas metering station.

- Date: 2024-08-29 · published 2024-08-29T12:00:00.000Z
- Category: geopolitics · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/28999-higher-natural-gas-prices-seen-this-winter-in-europe-as-geopolitical
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Expected higher winter gas prices and geopolitical supply risk raise European energy and fertilizer costs. This tends to support nitrogen and energy-linked input prices for feed.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2026-07-29 | [Natural gas: Europe faces tighter winter balance – ING — Octa](https://feedsoft.ai/events/18541-natural-gas-europe-faces-tighter-winter-balance-ing-octa.md) | +2.1% | +3.0% |
| 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% |
| 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 | 2022-07-29 | [European Natural Gas, Asian LNG Prices Soar on NS1 Supply Cuts](https://feedsoft.ai/events/40665-european-natural-gas-asian-lng-prices-soar-on-ns1-supply-cuts.md) | -2.1% | +11.7% |

## Sources

- naturalgasintel.com: https://naturalgasintel.com/news/higher-natural-gas-prices-seen-this-winter-in-europe-as-geopolitical-complications-mount/

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