By Warren Patterson head of commodities strategy at ING European and Asian gas prices have remained well supported over the last month. Stronger Asian demand, supply disruptions and geopolitical risks in the Middle East have all provided support. However, US gas prices have come under renewed pressure. European gas prices have hit year-to-date highs in early August, with growing supply concerns offsetting comfortable storage levels in Europe. EU natural gas storage continued to tick higher through July and early August. As of 6 August, EU storage is more than 86% full, above the 5-year average…