October 19, 2026CommoditiesMacro·Bearish·commodities
European gas prices surge above €90, highest since 2022, on Middle East attack on LNG facility and record-low storage
European natural gas prices rose above €90 for the first time since 2022, their highest level since December 2022, as renewed security concerns in the Middle East threatened global energy supplies, with reports of an attack on a liquefied natural gas facility. Storage levels are at a record low of 75%, with Germany at 61%, and Gulf LNG is still not flowing to the continent as winter approaches.
Detected & updated continuously · Source: Nebula
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European gasMiddle East