EU gas prices soar ...News

The costs were previously in a steady decline due to mild weather Spot prices for natural gas in Europe rose above $1,400 per thousand cubic meters during trading on Thursday, marking a 9% jump, according to data from the London Intercontinental Exchange (ICE). The price of gas futures for December delivery at the TTF hub in the Netherlands opened trading up 3.7%, at $1,333 per 1,000 cubic meters, later climbing to as high as $1,405. Some experts cite fears of a belated but inevitable seasonal drop in temperatures for pushing up energy costs. Natural gas prices have been falling throughout October and the first da

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