According to data from the European Gas Infrastructure Association, due to cooling weather, European countries are extracting natural gas at a record rate, causing stocks that are already at historically low levels to be further depleted. Only 10 days have passed since gas storage capacity peaked, but the current cumulative pumping volume has reached 2.2 times the average for the past 5 years.

According to data from the European Gas Infrastructure Association, due to cooling weather, European countries are extracting natural gas at a record rate, causing stocks that are already at historically low levels to be further depleted. Only 10 days have passed since gas storage capacity peaked, but the current cumulative pumping volume has reached 2.2 times the average for the past 5 years.