- European natural gas futures rose for a sixth straight day to their highest since December 2022 on October 13, 2026, as Middle East attacks threaten supplies and European storage remains low.
- Two US LNG tankers diverted toward Europe in recent days as Asian demand eased this month, freeing cargoes for Europe, which is rebuilding unusually low gas inventories before winter.
- Australia will introduce legislation underpinning its Domestic Gas Reservation Scheme next week, requiring LNG producers to reserve as much as a fifth of output for local buyers, according to people involved in the proposal.
Quotes
“storage levels in Europe remain low”