August 14, 2026

North America

U.S. gas stocks have remained in a steady seasonal surplus for the last 40 days despite the slump in futures prices. — @JKempEnergy via X
PRICE SIGNAL · U.S. gas inventories sat 196 Bcf (+7%) above the ten-year average on Aug 7, with futures below $2.80/MMBtu.

Europe

European LNG imports would not look so grim if European storage was not 20 Bcm (-22%) below the 5Y average — @ira_joseph via X
DEMAND SIGNAL · European storage runs 20 Bcm (-22%) below the five-year average; imports would need to double to close it by October.