EL7.AI
CommoditiesMedium•15 November 2026•
1 min read

European TTF Gas Prices Hit Two-Week High on Rapid Storage Drawdowns

Key Facts

1TTF natural gas futures rose 1.11% to reach $1,104.42 per thousand cubic meters.
2Storage withdrawals exceeded 4.2 billion cubic meters, a rate 2.8 times higher than the five-year average.
3Prices were impacted by unplanned supply disruptions from Norway's Osgard and Troll fields.

TTF natural gas futures rose 1.11% to reach $1,104.42 per thousand cubic meters. PravdaReport reported that the price action marked a two-week high, driven by an aggressive acceleration in storage drawdowns across Europe.

Storage withdrawals exceeded 4.2 billion cubic meters, a rate 2.8 times higher than the five-year average. Prices were further impacted by unplanned supply disruptions from Norway's Osgard and Troll fields, which constrained available supply as of November 15, 2026.