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European natural gas prices rose above €85/MWh after reaching a one-month low on November 9. Low storage, colder weather, weaker wind generation, higher heating demand, and constrained LNG and pipeline supplies contributed to concern about winter availability.
Faster storage withdrawals and restricted supply tighten the European gas balance, supporting prices; Qatar’s recovering loadings and hopes for geopolitical de-escalation temper the upside.
tradingeconomics.comNov 10, 2026After 221 past bullish weather events, Natural Gas moved a median +3.3% over 5 sessions (61% higher; middle half -5.2% to +14.0%), and -0.3% 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.
