EU Gas Stores at Record Lows: A Perfect Storm for Winter Price Volatility The European Union's gas storage levels are at their lowest in 13 years, sparking concerns about winter price volatility.
Energy traders and analysts warn that a perfect storm of factors is brewing, which could lead to higher prices as the cooler months approach.
The main culprit behind the low storage levels is the EU's failure to meet its target of 80% full by the start of winter.