【Geopolitical Risks Intensify And Demand Rises, Europe Natural Gas Prices Reach Highest Level Of The Year.】Driven By Increasing Geopolitical Risks And Rising Demand, Europe Natural Gas Prices Are At The Highest Level This Year. The Benchmark Holland TTF Natural Gas Contract Price Rose By 1.9% To 47.69 Euros Per Megawatt-hour, With A Cumulative Increase Of Over 19% This Month. Market Concerns Stem From Russia's Increased Attacks On Ukraine's Energy Infrastructure And Fears That Escalating Tensions In The Region May Disrupt Natural Gas Supply. Investors Are Closely Monitoring The Natural Gas Flow Through Pipelines From Russia To Europe After Gazprom Halted Natural Gas Supplies To OMV AG In Austria. At The Same Time, The EU's Natural Gas Storage Levels Are At 89.9%, Below The Five-year Average Of 91% At This Time Of The Year. An Analyst At ING Groep Stated, 'Given That Natural Gas Storage Levels Are Not As High As Initially Expected Going Into The Winter, Coupled With Various Supply Risks, Speculators Continue To Favor Long Positions In Natural Gas.'

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