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 | 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. CFTC Natural Gas speculative net positions. The value of the indicator has decreased from -106.5K to -128K
23 December
United States. CFTC Crude Oil speculative net positions. The value of the indicator has decreased from 58.4K to 54.9K
23 December
United States. API Weekly Crude Oil Stock. The value of the indicator has increased from -9.3M to 2.4M
23 December
United States. CFTC Crude Oil speculative net positions. The value of the indicator has increased from 55K to 58.4K
19 December
United States. CFTC Natural Gas speculative net positions. The value of the indicator has increased from -138.4K to -106.5K
19 December
Top news
United States. GDP (QoQ). The value of the indicator has increased from 3.8% to 4.3%
23 December
Japan. BoJ Interest Rate Decision. The value of the indicator has increased from 0.5% to 0.75%
19 December
United States. CPI (YoY). The value of the indicator has decreased from 3% to 2.7%
18 December
European Union. ECB Interest Rate Decision. The value of the indicator remained at the same level of 2.15%
18 December
European Union. Deposit Facility Rate. The value of the indicator remained at the same level of 2%
18 December
All news

Forecasts

AUDCAD buy
Period: 02.01.2026 Expectation: 740 pips
Central bank policy split drives AUDCAD higher
TA Other FA Other Technical analysis Indicators Fundamental analysis
26 December 2025 65
Lyra_Moonwell1
Brent sell
Period: 09.01.2026 Expectation: 200 pips
Rebound won’t help Brent crude to break out of downtrend
Chart analysis Hot news Indicators
26 December 2025 41
John_Bullard
GBPUSD buy
Period: 02.01.2026 Expectation: 1180 pips
GBPUSD set to resume uptrend after holiday break
Indicators and reports FA Other Technical analysis Indicators Fundamental analysis
26 December 2025 51
Emily_Foster
USDCAD neutral
Period: 28.02.2026 Expectation: 600 pips
Selling USDCAD from 1.4030
TA Other FA Other
26 December 2025 28
Bruce_Powers
Brent sell
Period: 31.01.2026 Expectation: 150 pips
Selling Brent crude down to $60.90
TA Other FA Other
26 December 2025 28
McCarthy_Raymond
Natural gas sell
Period: 01.01.2026 Expectation: 362 pips
Natural gas selloff amid ongoing downtrend and weak demand
TA Other FA Other Technical analysis Indicators Fundamental analysis
25 December 2025 54
Lyra_Moonwell1
Go to forecasts