Continue Reading
Full article on OilPrice.com
Europe’s Gas Storage Is Draining at the Fastest Pace in Five Years
Market Intelligence Analysis
AI-Powered
Why This Matters
Europe's natural gas storage is being drained at the fastest pace in five years due to below-average winter temperatures, leading to increased heating demand and a potential need for summer gas imports.
Market Impact
Market impact analysis based on bearish sentiment with 80% confidence.
Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Below-average winter temperatures are driving the fastest pace of withdrawals from natural gas storage in Europe in five years, as heating demand is rising. EU gas storage sites were only 47% full as of January 21, according to the latest data from Gas Infrastructure Europe. That’s well below the average for the past few years, signaling that Europe will have to import more gas in the summer to replenish storage supplies. Gas withdrawals have accelerated this month amid colder-than-normal temperatures in most of Europe, and the pace…
Original article published by
OilPrice.com
on January 23, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.