European natural gas futures traded around €48.4 per megawatt hour and were on track for a weekly gain of nearly 5.3%, amid a stalemate in US–Iran talks. There has been no clear progress in negotiations, while a renewed flare-up in fighting has heightened uncertainty. The rejection of a US-brokered ceasefire proposal by Iran-backed Hezbollah has further complicated efforts to de-escalate regional tensions. As a deal remains elusive, markets are increasingly worried that disruptions to energy shipments from the Persian Gulf could persist. A prolonged disruption could intensify competition for LNG cargoes, fueling concerns in Europe as the region races to secure fuel this summer to refill storage facilities ahead of winter.

TTF Gas fell to 48.50 EUR/MWh on June 5, 2026, down 0.52% from the previous day. Over the past month, TTF Gas's price has risen 10.46%, and is up 32.78% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, EU Natural Gas reached an all time high of 345.00 in March of 2022. EU Natural Gas - data, forecasts, historical chart - was last updated on June 7 of 2026.

TTF Gas fell to 48.50 EUR/MWh on June 5, 2026, down 0.52% from the previous day. Over the past month, TTF Gas's price has risen 10.46%, and is up 32.78% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. EU Natural Gas is expected to trade at 49.25 EUR/MWh by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 60.76 in 12 months time.



Price Day Month Year Date
Crude Oil 90.54 -2.500 -2.69% -4.77% 40.20% Jun/05
Brent 93.09 -1.940 -2.04% -8.08% 40.05% Jun/05
Natural gas 3.23 -0.1070 -3.21% 18.28% -14.67% Jun/05
Gasoline 3.05 0.0076 0.25% -11.95% 46.33% Jun/05
Heating Oil 3.59 -0.0864 -2.35% -5.24% 68.38% Jun/05
TTF Gas 48.50 -0.26 -0.52% 10.46% 32.78% Jun/05
UK Gas 117.05 -0.8800 -0.75% 8.82% 37.77% Jun/05
Ethanol 1.94 0.0100 0.52% -1.27% 15.30% Jun/05
Naphtha 716.36 2.91 0.41% -13.40% 32.97% Jun/05
Propane 0.81 -0.004 -0.47% -5.23% 9.69% Jun/05
Uranium 85.70 -0.4500 -0.52% -0.64% 21.56% Jun/05
Methanol 3,050.00 -85.00 -2.71% -6.15% 33.42% Jun/05



Related Last Previous Unit Reference
Germany Natural Gas Imports 338086.80 364747.59 Terajoule Apr 2026
France Natural Gas Imports 174521.82 170169.56 Terajoule Apr 2026
Germany Natural Gas Stocks Inventory 84.04 83.32 TWh Jun 2026
France Natural Gas Stocks Inventory 53.02 52.77 TWh Jun 2026

EU Natural Gas
Dutch TTF Gas is a leading European benchmark price as the volumes traded represent more than 14 times the amount of gas used by the Netherlands for domestic purposes. Contracts are for physical delivery through the transfer of rights in respect of Natural Gas at the Title Transfer Facility (TTF) Virtual Trading Point, operated by Gasunie Transport Services (GTS), the transmission system operator in the Netherlands. Delivery is made equally each hour throughout the delivery period from 06:00 (CET) on the first day of the month until 06:00 (CET) on the first day of the next month. Futures are available for trading in the Intercontinental Exchange Inc. (ICE). Prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our natural gas market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. The data is supplied by a third party and, while efforts are made to ensure its accuracy, Trading Economics does not verify the data and makes no representations or warranties regarding its accuracy..
Actual Previous Highest Lowest Dates Unit Frequency
48.50 48.75 345.00 3.37 2010 - 2026 EUR/MWh Daily

News Stream
TTF Prices Head for Sharp Weekly Gain
European natural gas futures traded around €48.4 per megawatt hour and were on track for a weekly gain of nearly 5.3%, amid a stalemate in US–Iran talks. There has been no clear progress in negotiations, while a renewed flare-up in fighting has heightened uncertainty. The rejection of a US-brokered ceasefire proposal by Iran-backed Hezbollah has further complicated efforts to de-escalate regional tensions. As a deal remains elusive, markets are increasingly worried that disruptions to energy shipments from the Persian Gulf could persist. A prolonged disruption could intensify competition for LNG cargoes, fueling concerns in Europe as the region races to secure fuel this summer to refill storage facilities ahead of winter.
2026-06-05
European Gas Prices Extend Gains
European natural gas futures rose to €49.2 per megawatt hour, extending the previous session's gains amid a lack of diplomatic progress between the US and Iran. The flare-up in fighting between the two nations this week underscored risks to negotiations. The mismatched statements also added to uncertainty, with Iran reporting that there had been “no tangible progress” in the talks, while President Trump said that talks are going "very well" and a deal could happen this weekend. Meanwhile, Israel and Lebanon agreed to implement a ceasefire, though it is contingent on a complete halt to Hezbollah attacks and the withdrawal of its operatives south of the Litani River. The continued lack of progress toward ending the conflict is increasing the risk that flows from the Persian Gulf could remain disrupted for an extended period. This has fueled concerns that Europe could struggle to rebuild gas inventories ahead of winter, with only 38% of its storage capacity currently filled.
2026-06-04
TTF Prices Jump on Escalating Middle East Tensions
European natural gas futures rose more than 3% to above €49 per megawatt hour as tensions in the Middle East intensified and diplomatic negotiations remained stalled. The US military said that Iran fired several ballistic missiles toward regional neighbors but failed to hit their targets, as American and allied forces intercepted missiles aimed at Kuwait and Bahrain, while the US also struck an Iranian military ground control station on Qeshm Island in response. This comes amid continued Israeli attacks in Lebanon. Despite the escalation in hostilities and Iran's claims that negotiations were suspended, President Donald Trump has maintained that talks with Tehran are still ongoing. The lack of meaningful progress toward a resolution has fueled concerns that disruptions to energy flows from the Persian Gulf could persist, raising fears over Europe's ability to replenish gas inventories ahead of winter, with storage facilities currently only around 38% full.
2026-06-03