# Global Natural Gas Prices Seesaw Amid Increasing Supply Risks — LNG Recap

> European gas prices swung higher on Monday, keeping the prompt TTF contract above $12/MMBtu. European storage passed 90% of capacity, while Norwegian flows dropped about 1 Bcf/d during maintenance. Hezbollah and Israel launched large-scale attacks over the weekend, adding to Middle East tensions.

- Date: 2024-08-26 · published 2024-08-26T12:00:00.000Z
- Category: geopolitics · region Europe · magnitude low
- Page: https://feedsoft.ai/events/29002-global-natural-gas-prices-seesaw-amid-increasing-supply-risks-lng-recap
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Middle East and Ukraine tensions combined with Norwegian maintenance keep European gas volatile, adding cost pressure on fertilizer and energy inputs for feed.

## Read by commodity

- NATGAS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-02-24 | [How Will Russia, Ukraine Conflict Impact U.S. LNG and Natural Gas Market?](https://feedsoft.ai/events/42884-how-will-russia-ukraine-conflict-impact-u-s-lng-and-natural-gas-market.md) | +2.2% | +13.9% |
| NATGAS | 2020-03-09 | [U.S. shale producers rush to cut spending, output as oil prices tank](https://feedsoft.ai/events/4425-u-s-shale-producers-rush-to-cut-spending-output-as-oil-prices-tank.md) | +9.8% | -10.1% |
| NATGAS | 2026-04-08 | [Big petrol and diesel price relief on the cards – Daily Investor](https://feedsoft.ai/events/10135-big-petrol-and-diesel-price-relief-on-the-cards-daily-investor.md) | -8.4% | -4.4% |
| NATGAS | 2022-12-04 | [OPEC+ keeps oil targets amid weakening economy, Russian sanctions \| OPEC News \| Al Jazeera](https://feedsoft.ai/events/38139-opec-keeps-oil-targets-amid-weakening-economy-russian-sanctions-opec-news-al.md) | +0.3% | -31.5% |
| NATGAS | 2026-10-29 | [QatarEnergy turns to US LNG with Woodside deal as Hormuz force majeure drags on \| The National](https://feedsoft.ai/events/1451-qatarenergy-turns-to-us-lng-with-woodside-deal-as-hormuz-force-majeure-drags-on.md) | -1.8% | — |

## Sources

- naturalgasintel.com: https://naturalgasintel.com/news/global-natural-gas-prices-seesaw-amid-increasing-supply-risks-lng-recap/

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