# European Natural Gas Prices Extend Gains

> European natural gas prices rose above €94/MWh, extending their rebound amid uncertainty over a diplomatic resolution to the US-Iran war and continued vessel attacks near the Strait of Hormuz. LNG supply disruption, EU storage at about 74%, lower Norwegian pipeline flows, and colder weather with weak wind and solar generation added to concerns, although prices remained on track for a weekly decline.

- Date: 2026-11-06 · published 2026-11-06T06:08:30.098Z
- Category: geopolitics · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/83384-european-natural-gas-prices-extend-gains
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Disrupted LNG flows and low inventories tighten Europe’s available supply ahead of winter, supporting gas prices. The prospect of diplomacy and the expected weekly decline temper that upward pressure.

## 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 | 2022-02-24 | [European ethanol margins hammered by natural gas rise](https://feedsoft.ai/events/42709-european-ethanol-margins-hammered-by-natural-gas-rise.md) | +2.2% | +13.9% |
| 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 | 2022-07-10 | [Explainer: Why Russia drives European and British gas prices](https://feedsoft.ai/events/40669-explainer-why-russia-drives-european-and-british-gas-prices.md) | +9.5% | +31.7% |

## Sources

- tradingeconomics.com: https://tradingeconomics.com/commodity/eu-natural-gas/news/598930

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