EU Gas Storage at 63% — Lowest for Late August Since 2013

EU gas storage ended August 2026 at 63% full, the lowest for this point in the calendar since 2013, per Gas Infrastructure Europe data. The shortfall — about 17 points below recent averages — stems from Gulf export disruption tied to the US-Israel war on Iran, a cold winter finish, and summer heatwave-driven gas burn. Analyst Greg Molnar expects stocks to enter winter a fifth below the five-year average.