
Gas prices in Europe exceeded $950 per 1,000 cubic meters during trading on Wednesday for the first time since December 2022, driven by record-low storage levels and Middle East conflict.
AI-generated summary
Gas prices in Europe reached highs not seen since December 2022 amid tight market conditions.
The price of the October futures contract at the TTF hub in the Netherlands rose to about $950.3 per 1,000 cubic meters, or 78.925 euros per MWh
MOSCOW, September 9. /TASS/. Gas prices in Europe exceeded $950 per 1,000 cubic meters during trading on Wednesday for the first time since December 2022, according to data from the London-based ICE exchange.
The price of the October futures contract at the TTF hub in the Netherlands rose to about $950.3 per 1,000 cubic meters, or 78.925 euros per MWh.
Gas prices in Europe are rising amid record-low storage levels ahead of the upcoming winter and the continuing conflict in the Middle East.

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