# European gas tumbles to seal worst week since 2025, snaps five-week rally

> 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.

- Date: 2026-11-06 · published 2026-11-06T12:08:50.747Z
- Category: macro · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/83812-european-gas-tumbles-to-seal-worst-week-since-2025-snaps-five-week-rally
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

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.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2019-09-13 | [IHS Markit: US natural gas price will fall to levels not seen since 1970s \| World Pipelines](https://feedsoft.ai/events/57254-ihs-markit-us-natural-gas-price-will-fall-to-levels-not-seen-since-1970s-world.md) | -0.1% | -13.8% |
| NATGAS | 2026-05-01 | [While Asia and Europe scramble for natural gas, the US glut has nowhere to go \| Reuters](https://feedsoft.ai/events/19434-while-asia-and-europe-scramble-for-natural-gas-the-us-glut-has-nowhere-to-go.md) | +1.2% | +22.6% |
| NATGAS | 2023-01-03 | [Natural Gas Prices in Europe Fall to Pre-Invasion Levels - The New York Times](https://feedsoft.ai/events/9189-natural-gas-prices-in-europe-fall-to-pre-invasion-levels-the-new-york-times.md) | -4.8% | -32.8% |
| NATGAS | 2019-03-21 | [Morgan Stanley: Low European gas prices to prompt US LNG utilization cuts \| Oil & Gas Journal](https://feedsoft.ai/events/60257-morgan-stanley-low-european-gas-prices-to-prompt-us-lng-utilization-cuts-oil.md) | -4.9% | -10.8% |
| NATGAS | 2017-04-06 | [Europe, the heart of the global gas market \| Wood Mackenzie](https://feedsoft.ai/events/71665-europe-the-heart-of-the-global-gas-market-wood-mackenzie.md) | -5.1% | -1.8% |

## Sources

- investing.com: https://www.investing.com/news/commodities-news/european-gas-tumbles-to-seal-worst-week-since-2025-snaps-fiveweek-rally-5006972

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