# European gas retreats from 2022 highs following 30% October surge

> European wholesale gas prices eased on profit-taking after a rally of roughly 30% or more in October. The Dutch TTF front-month was near 101 euros per MWh, and EU storage fill was the lowest for early November since 2009.

- Date: 2026-11-02 · published 2026-11-02T21:09:34.172Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/75852-european-gas-retreats-from-2022-highs-following-30-october-surge
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Tight storage keeps a firm floor under European energy costs, which can raise fertiliser and processing expenses. The move itself is a routine pullback within a high-price regime.

## Read by commodity

- NATGAS: neutral

## Sources

- ng.investing.com: https://ng.investing.com/news/commodities-news/european-gas-retreats-from-2022-highs-following-30-october-surge-2774487
- investing.com: https://www.investing.com/news/commodities-news/european-gas-retreats-from-2022-highs-following-30-october-surge-4990411

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