# Europe Braces For Costly Winter As Gas Prices Soar

> European natural gas prices rose more than 150% between February and October 2026, while storage stood at 72.7% of capacity versus 82.7% a year earlier. Disruptions to LNG shipments through the Strait of Hormuz, equivalent to about 20% of global LNG exports, have intensified competition between Europe and Asia for cargoes.

- Date: 2026-11-13 · published 2026-11-14T03:09:24.375Z
- Category: macro · region EU · magnitude medium
- Page: https://feedsoft.ai/events/98897-europe-braces-for-costly-winter-as-gas-prices-soar
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Tighter European gas supply and higher energy costs raise fertilizer (nitrogen) production costs and energy costs for feed processing, supporting prices across the input chain; the link to grain and oilseed prices is indirect.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2026-10-28 | [European natural gas prices soar: What it means for your winter bills](https://feedsoft.ai/events/625-european-natural-gas-prices-soar-what-it-means-for-your-winter-bills.md) | +0.7% | — |
| NATGAS | 2021-08-26 | [Asian gas importers brace for steep winter LNG prices \| S&P Global](https://feedsoft.ai/events/45734-asian-gas-importers-brace-for-steep-winter-lng-prices-s-and-p-global.md) | +14.4% | +25.1% |
| NATGAS | 2021-09-24 | [Europe's gas prices surge but who will cut consumption? Kemp](https://feedsoft.ai/events/7929-europe-s-gas-prices-surge-but-who-will-cut-consumption-kemp.md) | +15.4% | +1.4% |
| NATGAS | 2020-06-30 | [TTF gas prices \| European Gas Hub](https://feedsoft.ai/events/52801-ttf-gas-prices-european-gas-hub.md) | +7.6% | +7.4% |
| NATGAS | 2020-08-31 | [Natural gas prices \| European Gas Hub](https://feedsoft.ai/events/51817-natural-gas-prices-european-gas-hub.md) | -15.6% | -23.3% |

## Sources

- forbesmiddleeast.com: https://www.forbesmiddleeast.com/industry/energy/europes-gas-crisis-returns-as-the-continent-faces-winter-with-higher-prices-and-lower-reserves

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