European gas prices are rising. A cooler temperature next week will test gas demand, and the risk of global energy transmission channels is once again rising. Europe is about to enter the heating season, natural gas stocks are below the level of previous years, and supply constraints brought about by the Middle East war have shown no signs of a rapid easing. Europe's gas storage facility stocks are only about 74%. The supply of liquefied natural gas is still limited, and Europe has to increase imports.

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