‘Winter panic’: EU gas stores at their lowest level in 13 years

The Guardian reports that Europe’s gas inventories have slipped to their lowest level in thirteen years as the continent heads into the cooler months. In the final week of August, EU storage was just sixty‑three percent full, far under the typical eighty percent average for late August. Energy traders and market analysts say the shortfall has sparked a “winter panic” and could heighten price volatility, especially for the United Kingdom, one of the bloc’s biggest gas consumers.

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