Gas prices have been volatile in recent weeks, with the February contract reaching a high of 113.00 ppt in late January. The rally was driven by expectations of another cold wave in the second half of February, alongside rising tensions in the Middle East that have heightened concerns over potential disruptions to LNG exports from Qatar. These risks come against the backdrop of low European gas storage levels, currently at 43.5%, down 4.9 percentage points week-on-week. While the rally may...