EU Gas Storage at 74.58%, 14.75 pp Below 5-Year Average Amid Colder Weather

European gas storage levels have fallen to 74.58% as of October 20, 14.75 percentage points below the five-year average, according to GIE. Colder-than-normal weather is accelerating withdrawals, raising concerns about winter supply security and potential price pressure. The deviation from historical norms signals tighter-than-usual supply conditions heading into peak demand season.

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