A cold winter risks new gas price shock for Europe

After 155 past bullish macro events, Natural Gas moved a median +0.1% over 5 sessions (51% higher; middle half -4.0% to +7.1%), and +2.0% over 20.

• Oct 28, 2026European natural gas prices soar: What it means for your winter bills+0.7%
• Jul 3, 2018Gas traders fear US winter price spike - Energy Risk-1.3%
• Aug 26, 2021Asian gas importers brace for steep winter LNG prices | S&P Global+14.4%
• Oct 5, 2021Gas price surges to a record high in Europe on supply concerns-6.6%
• Sep 24, 2021Europe's gas prices surge but who will cut consumption? Kemp+15.4%

After 92 past bullish macro events, Urea moved a median +0.0% over 5 sessions (50% higher; middle half -2.0% to +3.6%), and +4.8% over 20.

• Oct 28, 2026European natural gas prices soar: What it means for your winter bills-1.3%
• Oct 5, 2021Gas price surges to a record high in Europe on supply concerns+6.2%
• Sep 24, 2021Europe's gas prices surge but who will cut consumption? Kemp+6.2%
• Oct 5, 2020Natural Gas Price Benchmarks | European Gas Hub-0.5%
• Sep 23, 2021On the cusp of Europe's winter season, gas storage hits 10-yr low+2.2%