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European Gas Prices Stabilize Amid Warm Forecasts, Rising Demand

10/17/2025

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Story summary
  • European gas prices have stabilized due to warm forecasts and steady imports.
  • The Dutch TTF contract fell to €31.50 per MWh, aided by higher seaborne imports and French output.
  • European Union gas storage remains below last year's levels, with Germany's reserves down 20 percentage points.
  • Analysts warn that any disruption could trigger price increases.
  • Local distribution demand rose 25% week over week, especially in Eastern Europe, as colder weather nears.