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European gas is expected to record a fourth consecutive week of gains due to the risk of supply disruptions and winter fuel inventory concerns. With the escalation of the US and Iran military attacks, gas prices in Europe and Asia have risen to the highest level in more than three years. The heating season is approaching. The inventory of European gas storage facilities is only about 66%, and the German gas storage inventory is 54%.
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European gas is expected to record a fourth consecutive week of gains due to the risk of supply disruptions and winter fuel inventory concerns. With the escalation of the US and Iran military attacks, gas prices in Europe and Asia have risen to the highest level in more than three years. The heating season is approaching. The inventory of European gas storage facilities is only about 66%, and the German gas storage inventory is 54%.
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