His Europeans are ready for the first week’s fall since mid-December, as concerns about the market offer are eased. Prices in gas contracts declined up to 2.2% today (10.01,2025) and are on their way for weekly losses of about 10%. While temperatures below normal level in the area will be maintained by early next week, milder conditions are expected to follow, which will ease pressure on reduced stocks. CORVERSE LNG supplies also continue to arrive, further mitigating the impact left by the loss of Russian flows through Ukraine this year. Investments closely monitor withdrawals from storage areas to assess how difficult it will be to make up for the next heating season. “We still believe that current prices are sufficient to maintain storage stocks and to regroup stocks above European storage targets by the end of October, provided that there will be no significant tightening of the market from an unusual cold weather period or significant supply interruption,” Energy Aspects analysts, led by James Wandell, said in a note this week. The Dutch forward contracts of the first month, the European gas benchmark, decline on Friday by 1.9% at 44.13 euros per megawatt hour.
Natural gas: Towards the first weekly fall from mid-December prices move in Europe
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