Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
5 May 2025 | Gas

European natural gas prices fall following oil market

Brent
WTI Light Crude Oil
Natural gas
European natural gas prices fall following oil market

European natgas went down in price as energy demand forecasts were pressured by supply predictions.

Prices for both crude oil benchmarks fell 2.1% on Monday, May 5, before being corrected, slightly offsetting losses. Some gas contracts are linked to oil. The fuel has fallen in price on fears of a global oversupply as OPEC+ increases production while demand is weakened by trade tensions.

High renewable energy production volumes in Europe in recent days has also had an impact on gas demand. This allowed increasing gas reserves in preparation for the next winter. Storage facilities in the region are now more than 40% full, although this is still below the average of 50% over the past five years.

The price of gas at the Europe's main hub fell 0.7% to 32.84 euros per megawatt hour.

Company MarketCheese

Recommended

United States. Cushing Crude Oil Inventories. The value of the indicator has decreased from 1.564M to 0.117M
7 minutes ago
United States. Crude Oil Inventories. The value of the indicator has increased from 3.475M to 3.824M
7 minutes ago
United States. API Weekly Crude Oil Stock. The value of the indicator has decreased from 5.6M to -1.7M
Yesterday at 9:08 PM
United States. CFTC Crude Oil speculative net positions. The value of the indicator has decreased from 172.7K to 172.2K
6 March
United States. CFTC Natural Gas speculative net positions. The value of the indicator has decreased from -198.5K to -206.4K
6 March
Top news
United States. CPI (YoY). The value of the indicator remained at the same level of 2.4%
Today at 12:30 PM
United States. Nonfarm Payrolls. The value of the indicator has decreased from 126K to -92K
6 March
United States. Unemployment Rate. The value of the indicator has increased from 4.3% to 4.4%
6 March
United States. Retail Sales (MoM). The value of the indicator has decreased from 0% to -0.2%
6 March
European Union. GDP (QoQ). The value of the indicator has decreased from 0.3% to 0.2%
6 March
All news

Forecasts

EURUSD sell
Period: 18.03.2026 Expectation: 1180 pips
EURUSD temporarily consolidates before next leg down
Indicators and reports Technical analysis Hot news Indicators Fundamental analysis
Today at 09:15 AM 13
Emily_Foster
Natural gas sell
Period: 30.04.2026 Expectation: 200 pips
Selling natural gas with $2.800 in sight
TA Other Indicators and reports Hot news
Today at 08:48 AM 10
Reed_Marcus
Brent sell
Period: 31.03.2026 Expectation: 1500 pips
Selling Brent crude from $110.0
TA Other FA Other
Today at 06:06 AM 18
McCarthy_Raymond
EURUSD sell
Period: 31.03.2026 Expectation: 6700 pips
EURUSD selloff targets 1.1570
FA Other Chart analysis
Today at 06:06 AM 16
Bruce_Powers
BTCUSD buy
Period: 20.03.2026 Expectation: 4000 pips
Invest in BTCUSD if it consolidates above $71,000
TA Other Indicators and reports Hot news
Yesterday at 11:05 AM 38
Reed_Marcus
Tesla Inc buy
Period: 17.03.2026 Expectation: 1900 pips
Tesla shares show signs of slowing decline ahead of strong support
TA Other FA Other Technical analysis Indicators Fundamental analysis
Yesterday at 10:06 AM 27
Lyra_Moonwell1
Go to forecasts