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

As one of Europe’s biggest consumers of gas the UK may be particularly exposed to heightened price volatility

This story summarizes reporting from The Guardian. Read the original for full context. Wire items stay in our news sitemap for seven days. Editorial policy.

Read full story on The Guardian
Jillian Ambrose29 Aug 2026, 05:00 amUpdated 18h ago1 min readBusinessGlobal
‘Winter panic’: EU gas stores at their lowest level in 13 years

GlobalJillian Ambrose

As one of Europe’s biggest consumers of gas the UK may be particularly exposed to heightened price volatility

Europe is on course to enter the cooler months with gas stores at their lowest level in 13 years, which has triggered “winter panic” among energy traders, experts have warned.

The EU’s gas stocks were 63% full in the last week of August, well below the 80% average for late August over recent years and among the lowest levels ever recorded for this time of year.

Europe is on course to enter the cooler months with gas stores at their lowest level in 13 years, which has triggered “winter panic” among energy traders, experts have warned.

This report is published with credit to The Guardian. The wire sent a summary; open the original for any extra context. Read on The Guardian

Source: The Guardian · Jillian Ambrose. Published 29 Aug 2026, 05:00 am.

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