Europe & Russia Storage

Withdrawals have ramped up as cold has hit the region, leaving stocks near record lows before the end of the heating season.

European stocks have plummeted since the cold weather that hit the region in late February forced up drawdowns. Europe’s gas storage sites were around 22% full as of the middle of March, with stock levels dropping by 25% over the first half of the month. The region’s storage volumes fell by only 11% during the first half of March 2017. Stock levels in Europe...