# Europe storage gap, Middle East risks and Russian LNG exit may reshape winter flows

> A Platts Commodities Focus podcast discusses the LNG market ahead of winter, covering Asian buyers returning to spot markets and JKM prices above $30 per MMBtu since late October. It highlights weather, geopolitical and supply risks that could tighten flexible cargo competition.

- Date: 2026-11-11 · published 2026-11-12T00:11:27.706Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/94383-europe-storage-gap-middle-east-risks-and-russian-lng-exit-may-reshape-winter
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Tight LNG markets and high spot prices raise energy and fertilizer costs for feed producers, though this is commentary on expectations rather than a new event.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2021-09-23 | [On the cusp of Europe's winter season, gas storage hits 10-yr low](https://feedsoft.ai/events/7928-on-the-cusp-of-europe-s-winter-season-gas-storage-hits-10-yr-low.md) | +15.2% | +3.2% |
| NATGAS | 2024-06-18 | [What’s in store for gas and LNG in Europe?  \| Wood Mackenzie](https://feedsoft.ai/events/29958-what-s-in-store-for-gas-and-lng-in-europe-wood-mackenzie.md) | +1.6% | -24.0% |
| NATGAS | 2026-05-15 | [Asia LNG demand rebound lifts upside risks to Europe gas prices, Goldman Sachs says - The Economic Times](https://feedsoft.ai/events/19440-asia-lng-demand-rebound-lifts-upside-risks-to-europe-gas-prices-goldman-sachs.md) | +8.3% | +8.7% |
| NATGAS | 2022-07-05 | [European stock markets tumble on rising fears of recession \| Stock markets \| The Guardian](https://feedsoft.ai/events/10290-european-stock-markets-tumble-on-rising-fears-of-recession-stock-markets-the.md) | +15.3% | +43.6% |
| NATGAS | 2023-09-29 | [GLOBAL LNG-Asia spot prices hit 7-month high on rising demand, Europe supply worries](https://feedsoft.ai/events/34284-global-lng-asia-spot-prices-hit-7-month-high-on-rising-demand-europe-supply.md) | +7.0% | +6.9% |

## Sources

- exa.ai: https://exa.ai/library/podcast/1yt0h7yws5s/episode/n4v2db1hd4q

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