Chart of the Week | Low EU Gas Stocks Bullish for Summer Prices

The surge in gas demand across Europe from the very cold sting in the tail end of this winter may only have lasted a matter of days. However, the so-called ‘Beast from the East’ also leaves a legacy of increasing demand for gas this summer and low gas stocks.

In this weeks Chart of the week, we look at the extent of the additional demand caused by the recent cold weather. Mike Mahoney also explores how the cold weather has we reduced storage inventories to their lowest level in recent years.

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