Core Insights - European natural gas prices are experiencing their largest monthly increase in at least two years, driven by a cold wave and rapid depletion of fuel inventories [1] - The benchmark futures saw a slight increase on Friday, leading to an approximate 38% rise for the month, marking the largest monthly gain since summer 2023 [1] - If the upward trend continues, prices could reach new highs not seen since the energy crisis four years ago [1] Supply and Demand Dynamics - Despite a rebound in U.S. exports alleviating some supply concerns, parts of Europe are expected to face severe cold weather and increased demand in early February [1] - Analysts from Energy Aspects, led by James Waddell, indicate that with inventories at seasonally low levels, price risks remain skewed to the upside [1] Market Volatility Factors - Recent instability in weather forecasting models has contributed to increased volatility in gas prices [1] - Traders are closely monitoring the situation in Iran, as escalating threats from U.S. President Trump are creating tension across the energy market [1]
寒潮“掏空”库存 欧洲天然气价格单月飙升38%
Ge Long Hui·2026-01-30 08:51