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European wholesale gas prices fell 3.5% on Friday, leaving the Dutch TTF and British NBP benchmarks down about 15% for the week. The decline ended a five-week rally as falling oil prices and changing expectations after the U.S. midterm elections unwound energy-market risk premiums.
Lower energy prices can ease fuel and production costs, putting near-term downward pressure on European gas prices. The sharp weekly fall indicates that geopolitical and political risk premiums have retreated.
investing.comPranav KashyapNov 6, 2026After 59 past bearish macro events, Natural Gas moved a median +1.3% over 5 sessions (58% higher; middle half -5.0% to +5.2%), and -2.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
