# European Natural Gas Prices Rebound from 2-Week Low

> European natural gas prices rebounded to around €90/MWh from a two-week low of €88 on November 4. EU storage has fallen to 74%, well below the five-year seasonal average of 90%, and Germany's reserves are below 61%. LNG deliveries from the Persian Gulf remain disrupted by the Iran conflict.

- Date: 2026-11-05 · published 2026-11-05T18:07:41.101Z
- Category: geopolitics · region EU · magnitude medium
- Page: https://feedsoft.ai/events/82079-european-natural-gas-prices-rebound-from-2-week-low
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Low storage ahead of winter, a disrupted Gulf LNG supply and competition with Asian buyers support European gas prices, which also feed into fertilizer costs for nitrogen-based feed ingredients.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| NATGAS | 2023-10-30 | [European Natural Gas Prices Gain as Egypt Says Pipeline Imports Stop – LNG Recap](https://feedsoft.ai/events/33804-european-natural-gas-prices-gain-as-egypt-says-pipeline-imports-stop-lng-recap.md) | +1.4% | -13.0% |
| NATGAS | 2024-11-23 | [Europe energy crisis: natural gas prices jump as Russia cut looms \| Fortune](https://feedsoft.ai/events/27595-europe-energy-crisis-natural-gas-prices-jump-as-russia-cut-looms-fortune.md) | +14.0% | +18.4% |
| NATGAS | 2026-09-09 | [European Natural Gas Prices Surge as Middle East Attacks Choke LNG Shipments - WSJ](https://feedsoft.ai/events/17648-european-natural-gas-prices-surge-as-middle-east-attacks-choke-lng-shipments-wsj.md) | +1.3% | +5.6% |
| 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% |

## Sources

- tradingeconomics.com: https://tradingeconomics.com/commodity/eu-natural-gas/news/598718

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