# Statement on recent developments in natural gas and electricity markets

> The IEA said the steep rise in European gas prices reflects a strong demand recovery, tighter supply, and weather factors such as a cold European winter and low wind output. It rejected blaming the clean energy transition and said European storage is below its five-year average.

- Date: 2021-10-01 · published 2021-10-01T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/45221-statement-on-recent-developments-in-natural-gas-and-electricity-markets
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

The IEA's assessment confirms that the gas squeeze is structural and may persist into winter, keeping energy and nitrogen fertiliser costs elevated. That supports higher input costs for feed producers.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2021-04-18 | [Natural Gas Prices, Demand Likely to Stay Resilient in Low-Carbon World, Analysts Find](https://feedsoft.ai/events/47785-natural-gas-prices-demand-likely-to-stay-resilient-in-low-carbon-world-analysts.md) | +4.0% | +11.3% |
| NATGAS | 2020-09-25 | [US natural gas futures jump on rising LNG exports - Markets - Business Recorder](https://feedsoft.ai/events/51301-us-natural-gas-futures-jump-on-rising-lng-exports-markets-business-recorder.md) | -3.5% | +44.0% |
| NATGAS | 2025-07-25 | [US natural Gas prices rebound on storage surprise – ING](https://feedsoft.ai/events/23962-us-natural-gas-prices-rebound-on-storage-surprise-ing.md) | -2.1% | -8.3% |
| NATGAS | 2018-05-14 | [Natural gas market fundamentals exceeded expectations in 2017 - Cedigaz](https://feedsoft.ai/events/65199-natural-gas-market-fundamentals-exceeded-expectations-in-2017-cedigaz.md) | +0.7% | +7.1% |
| NATGAS | 2023-02-28 | [Natural gas markets remain tight as uncertainty persists around Chinese LNG demand and further supply cuts by Russia - IEA](https://feedsoft.ai/events/37513-natural-gas-markets-remain-tight-as-uncertainty-persists-around-chinese-lng.md) | -4.7% | -21.8% |

## Sources

- iea.org: https://www.iea.org/news/statement-on-recent-developments-in-natural-gas-and-electricity-markets

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