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European Gas Watch Weekly (w/e7th June)-20260610
Jefferies· 2026-06-10 19:09
EUROPE | Energy Equity Research June 10, 2026 European Gas Watch Weekly (w/e 7th June) Euro TTF gas forward prices remained broadly flat w/w - week #15 into conflict. In the week ending 7th June, EU inventory posted a 2.2bcm build (+5% w/w), lower than the 5-yr average (2.4bcm) and last year (2.8bcm). Euro gas storage stands at 42% filled vs. 51% last yr. North West Europe gas demand tracked lower by 12% y/y (-45mcm/d) and LNG send-outs (imports) in the week tracked lower at 1.3bcm or -33% y/y ('26 YTD 0.4b ...