Europe tops storage targets
Europe has already exceeded its gas storage targets for this winter, but risks remain
The European Commission responded to Russia’s weaponisation of its gas supply to the continent by setting a minimum storage target of 80pc by 1 November, an inventory level the bloc has already more than achieved. EU storage levels stood at 93.8pc on 25 October, data from infrastructure operator group Gas Infrastructure Europe shows. German and French inventories were at 97.8pc and 99.8pc respectively, while two member states—Portugal and Belgium—reported 100pc capacity. Latvia has the least in store in percentage terms, with just 56.4pc, but that is a notable outlier as even the second-lowest, Hungary, has achieved the target with 83pc of capacity filled. All western European member states
Also in this section
5 December 2025
Mistaken assumptions around an oil bull run that never happened are a warning over the talk of a supply glut
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026






