The European natural gas She fell slightly in the midst of restrained expectations about how hard she will be willing to hit US President Donald Trump her energy trade Russiaif it does not agree on a ceasefire until Friday (8.8.2025).
Future reporting contracts retreated, negotiating around 34 euros per megawatt hour and remaining in a range that is maintained for more than a month. The steady increase in fuel reserves in the area has helped to alleviate concerns about supply risks in recent weeks, even as the deadline is approaching. While Trump threatened to impose further financial sanctions on Russia and its energy buyers – possibly limiting global offering and intensifying competition in Europe – skepticism about how far the US president will reach the prices of gas under control.
The Kremlin examines the options for a concession that could include an air truce with Ukraine, at the same time that Trump’s special envoy Steve Witkov is in Moscow to try to stop battles. Although any Russia -related action is unlikely to have a direct impact on gas balances in Europe, traders are on guard for any threats to global offer. Epirus struggles to store enough natural gas for winter and has managed to accelerate inflows, to a large extent because demand from buyers such as China has declined.
At present, Epirus is receiving fixed flows, with pipeline transfers from the leading Norway supplier near the maximum capacity before seasonal maintenance later this month. Liquid natural gas flows are also above seasonal average terms.
Today Wednesday (6.8.2025), traders will also monitor the results of a stock auction in Germany, where the largest installation in Rehden has been delayed in storage of stocks.
The Dutch contracts for future fulfillment, the benchmark for gas in Europe, negotiated 1.3% below 33.95 euros per megawatt hour at 9:34 am. in Amsterdam.