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Monthly Market Outlook


UK Market Steady Despite Geopolitical Risks
UK Energy Market Update October 2025 Market Summary  In October, EU aggregated gas storage levels began the month at around 83% and ended at approximately 82.8%, showing virtually no net progress over the month. The stagnation left inventories around nine percentage points below the five-year seasonal average and more than twelve percentage points lower than the same time last year. Despite meeting the EU’s interim 83% target for 1 December, limited injection activity and ea
Nov 11


Norwegian Maintenance Eases, Storage Targets Within Reach
UK Energy Market Update September 2025 Market Summary In September, EU aggregated gas storage levels increased from around 77% at the start of the month to approximately 83% by month-end, remaining about 6 to 7 percentage points below the five-year seasonal norm. Steady injections were supported by strong LNG inflows, which averaged above seasonal levels even amid reduced Norwegian pipeline supply. Projections from the European Commission indicated that storage could reach ar
Oct 13


Gas Storage Climbs, Supply Risks Persist
UK Energy Market Update August 2025 Market Summary In August, EU aggregated gas storage levels rose from around 69% at the start of the...
Sep 4


Storage Gains & Price Rises
UK Energy Market Update July 2025 Market Summary In July 2025, EU aggregated gas storage levels increased steadily from around 59% at the...
Aug 12


Tightening Supply & Rising Tensions
UK Energy Market Update June 2025 Market Summary In June, EU gas storage levels rose steadily, reaching around 59% by month-end but still...
Jul 9


Gas Supply Volatility and Carbon Market Alignment
UK Energy Market Update May 2025 Market Summary In May, EU gas storage trends were influenced by policy reforms and slow inventory...
Jun 10


Gas Storage Below Target Amid Supply Challenges
UK Energy Market Update April 2025 Market Summary As of May 1st, EU gas storage facilities were 39.21% full—approximately 10% below the...
May 16


Market Volatility Amid Geopolitical Pressures
UK Energy Market Update March 2025 Market Summary The EU ended heating season with aggregated storage levels of just 33.6%, nearly 25...
Apr 9


Gas Storage Pressures & Geopolitical Uncertainty
UK Energy Market Update February 2025 Market Summary EU gas storage concerns continue to be a major talking point through February as the...
Mar 18
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