Infographic: Europe’s Q3 2023 gas market fundamentals finely balanced

European gas demand is set for a slight year-on-year increase in the third quarter of 2023 after prices dropped in the prior quarter.

With EU storage sites already 77% full, stocks could top out well before winter, leaving market players struggling to find a home for gas in Europe later in the quarter.

Power market fundamentals are also finely balanced with some upside scope for gas-fired generation should prices continue to fall.

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