European natural gas prices have retreated from their 2023 peak levels, though underlying risks persist, driven by tight storage levels and geopolitical disruptions that keep supply chains vulnerable. The Dutch front-month TTF contract settled at 82.80 euros per megawatt-hour (MWh), down 0.7% from Monday’s peak of 83.40 euros, while Great Britain’s NBP wholesale gas contract eased to 200.10 pence per therm, though remaining above the 200-pence threshold after reaching multi-year highs. Brent crude oil, meanwhile, rose 1.2% to surpass $113 a barrel, reflecting broader market sentiment toward oil prices.
European Gas Prices Ease from 2023 Highs amid Shipping Risks
Storage levels remain low, while geopolitical disruptions and crude oil gains add pressure to gas markets.
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David Chen · Commodities Desk · 15 Sept 2026 · 09:09 · 1 min read
This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
David Chen
Commodities Desk
David reports on energy, metals and agricultural markets, tracking how supply signals and safe-haven demand move prices across the commodities complex.
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