European gas prices rise sharply at the start of 2026 as market tightness returns

European gas prices rise sharply as TTF month-ahead prices surge in early 2026

European gas prices strengthened sharply in early 2026, reflecting a renewed tightening of short-term market fundamentals despite improving global supply conditions. After a relatively stable end to 2025, TTF month-ahead prices rose by more than 45% during January as colder weather increased residential and commercial demand while storage levels entered the year below historical averages. The price rally was reinforced […]

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