European gas prices hit one-year high ...News

December futures spiked to levels last seen in December 2023 on concerns that Russia could halt supplies Natural gas prices in Western Europe spiked on Thursday following warnings from Austrian state energy giant OMV that Russia could halt supplies. The cost of gas futures for December delivery at the TTF hub in the Netherlands jumped by as much as 5% to roughly €475 ($502) per thousand cubic meters, or €46 per megawatt-hour, during morning trading, before retreating slightly later in the day. The last time gas futures were at this level was in December 2023. Gas prices began to surge after OMV, one of the contin

Read More Details
Finally We wish PressBee provided you with enough information of ( European gas prices hit one-year high )

Also on site :

• As the dollar falters, the world’s central banks tread a tightrope — devalue their currency or not
• Kenya: Trade, Investment and Infrastracture On Top Agenda As Ruto Visits China
• Oil Prices Stabilize on Short-Covering and an OPEC+ Output Decline