Energy Storage Levels — EU Gas Storage, US SPR & Oil Inventories
A single view of the buffers that decide how long the system can absorb a shock: European gas storage, the US Strategic Petroleum Reserve, and US crude, product and natural-gas inventories.
EU gas storage
EU aggregate gas-in-storage. The bloc targets storage roughly 90% full by 1 November each year for winter security. Add a GIE key to show the live figure here.
Oil & gas inventories
Facility status
The aggregate fill level across EU underground gas storage, reported by GIE AGSI+. Watched closely from spring through the November refill deadline.
Qatar is one of the world’s largest LNG exporters; Ras Laffan is its main liquefaction and export hub, feeding Asia and Europe.
The delivery point for NYMEX WTI crude futures and the most-watched US crude tank farm — a key gauge of American oil balances.
The federal emergency crude stockpile held in Gulf Coast salt caverns, with an authorised capacity near 714 million barrels.
Why it matters
Storage is the shock absorber of the energy system. Full tanks and reservoirs buy time to re-route supply and negotiate; thin buffers force demand destruction and sharp price moves. European gas storage ahead of winter and the shrinking US Strategic Petroleum Reserve are the two buffers markets watch most — which is why Straitwise tracks the pace of change, not just the level.