European gas market pressures feature in global review of supply, storage and prices

European gas market chart showing monthly gas consumption in Germany for 2024, 2025 and 2026

European gas market conditions tightened in August 2026 as stronger power-sector demand coincided with low storage levels and competition for LNG cargoes. EU gas consumption rose 5.2% year on year, while underground storage ended the month at 65% full. These European developments form part of a wider global assessment of gas demand, production, trade and prices, connecting regional pressures with […]

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