European natural gas prices fell to €91/MWh after three sessions of gains, though they remained more than 6% higher over the week. Norwegian gas flows weakened as outages intensified at the Troll field, and EU storage stood below 72% against a five-year average of 89%.
Low storage and Norwegian supply outages tighten the energy balance ahead of winter, supporting energy costs for feed producers who depend on gas-fired drying and fertilizer production.
After 155 past bullish macro events, Natural Gas moved a median +0.1% over 5 sessions (51% higher; middle half -4.0% to +7.1%), 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.