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Europe begins winter with low gas stocks
Europe is facing its lowest gas inventories since 2013 as winter approaches, with storage levels at 63% of capacity—below the average of 80%. This raises concerns about energy supply disruptions and high prices, as experts predict a 20% decrease from the average during the heating season. The market is also more volatile due to cold weather and declining European production, especially in the UK and Germany. Meanwhile, prices in the European market have risen and now exceed 68 euros per megawatt-hour.
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