Gas prices in Europe fell by 12% in the moment - trading data

Main reasons: the rate of filling of storage facilities has been increasing in recent days. The overall level of occupancy is already over 82%.

If pumping rates remain high and there is no sudden cold spell in autumn, Europe will fill storage facilities by 90% by the end of September.

Then the gas price will drop even lower.

At the same time, the European Commission has developed two options for a price ceiling on Russian gas, which can also contribute to a decrease in gas prices.

Lower gas prices have a direct impact on reducing inflation and recession risks.