On the 13th local time, the Dutch Ownership Transfer Center gas futures price, which is the benchmark price for European gas, broke through 86 euros per megawatt hour, rising to the highest level since December 2022. Meanwhile, the inventory level of European gas storage facilities is currently 73.75%, which is significantly lower than the same period in previous years. Low natural gas inventories mean Europe's “shrinking buffer space to cope with a sharp drop in temperature or sudden supply disruptions.” Meanwhile, the weather forecast shows that starting next weekend, the temperature in northwestern Europe may drop further, driving “rising demand for heating” and putting more pressure on already limited natural gas reserves. This further exacerbates market concerns about winter supply. Against this backdrop, the pressure on Europe's energy supply will rise significantly this winter.

On the 13th local time, the Dutch Ownership Transfer Center gas futures price, which is the benchmark price for European gas, broke through 86 euros per megawatt hour, rising to the highest level since December 2022. Meanwhile, the inventory level of European gas storage facilities is currently 73.75%, which is significantly lower than the same period in previous years. Low natural gas inventories mean Europe's “shrinking buffer space to cope with a sharp drop in temperature or sudden supply disruptions.” Meanwhile, the weather forecast shows that starting next weekend, the temperature in northwestern Europe may drop further, driving “rising demand for heating” and putting more pressure on already limited natural gas reserves. This further exacerbates market concerns about winter supply. Against this backdrop, the pressure on Europe's energy supply will rise significantly this winter.