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European and British wholesale natural gas prices remained broadly stable on Friday, 16 October 2026, trading near their highest levels since late 2022 as concerns over liquefied natural gas (LNG) deliveries, Norwegian infrastructure disruptions and relatively low European storage levels continued to influence the…
Mild autumn weather reduced domestic space-heating demand, pulling natural gas futures down.Lower-48 dry gas production recovered, supporting expectations for solid late-season storage injections.Technical indicators show neutral conditions with the RSI at 47.764.
European gas prices held near multi-year highs, posting a third consecutive weekly gain as Strait of Hormuz shipping disruptions, Norwegian maintenance outages, and EU storage at just 74% capacity keep supply anxieties firmly in focus.