# TTF Falls 5.54% to €85.54/MWh as EU Gas Storage Trails Last Year and US-Iran Headlines Drive Prices

> The European TTF front-month contract fell 5.54% to €85.54/MWh on November 7, while Germany's THE contract declined 5.59% to €86.95/MWh. EU underground gas storage was below its year-earlier level, but the report says it could not identify storage as the cause of that day's price decline.

- Date: 2026-11-07 · published 2026-11-07T21:08:15.598Z
- Category: market · region EU · magnitude low
- Page: https://feedsoft.ai/events/86506-ttf-falls-5-54-to-85-54-mwh-as-eu-gas-storage-trails-last-year-and-us-iran
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Lower-than-last-year inventories leave Europe with less buffer against winter demand or supply disruption, a supportive underlying factor for gas prices. The sharp session drop was not tied to a confirmed specific cause in the report.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- energyreader.io: https://energyreader.io/brief/18443

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