European gas prices briefly hit €100/MWh as winter supply concerns intensify
Europe's benchmark natural gas contract briefly touched €100 per megawatt hour on Wednesday, reaching its highest level since December 2022. The move came as disruptions to liquefied natural gas shipping from the Middle East kept supply tight ahead of winter. The spike adds to pressure on consumers and industry already facing elevated energy costs.The Dutch front-month contract at the TTF hub briefly traded at €100 per MWh at around 1.35pm Irish time, according to market data from the Intercontinental Exchange. It was up about 4% from the previous session. German front-year baseload power rose 1.7% to €159.30 per MWh, its... [Continue Reading]
360LiveNews | 28 Oct 2026 16:30 LONDON
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