Commodity Market Report

Global gas & LNG weekly summary: 28 November 2024

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December TTF prices in Europe traded at around $14.4/mmbtu, after touching almost $15/mmbtu late last week. Cold temperatures across Europe and the UK have increased heating demand, tightening the balance week on week, with total gas demand up 14% compared to the same week last year. The UK’s Rough storage facility will undergo scheduled maintenance on 28 November, affecting its withdrawal and injection capacity. UK storage levels are currently at 73%, down from 79% at the same time last year. European storage levels sit at 87%.

Table of contents

  • >> The full report is available as a PDF in the Download section
  • LNG supply disruptions emerge in Asia while Europe’s stock levels continue to plummet
    • >> The full report is available as a PDF in the Download section

Tables and charts

This report includes 2 images and tables including:

  • Weekly European gas fundamentals
  • Weekly floating LNG storage and trade routes

What's included

This report contains:

  • Document

    Global Gas & LNG Executive Summary 20241127.pdf

    PDF 717.15 KB