Gas Price Shatters Previous Record, Winter Outlook Also Looks Bleak
9 Articles
9 Articles
The gas price reached a new record today since the war between the US and Iran broke out. The price climbed above 87 euros per megawatt-hour today. That is significantly higher than the previous record from mid-September and the highest price in nearly four years. The outlook for the winter also looks bleak.
The price of natural gas in Europe rose this afternoon by more than 3% and was close to 87 euros the megawatt hour (MWh), maximum price from 3 January 2023, according to market data. At 18.10 hours (16.10 GMT), the price of natural gas on the European market in the Netherlands rose 3%, up to 86.73 euros the MWh. At the moment, in this session it has recorded its highest price at 87.41 euros the MWh at 16.57 hours (14.57 GMT) - it was a 3.74 % in…
Energy market turmoil caused by the war with Iran continues to drive up gas prices. Meanwhile, the EU confirms it is buying oil and gas from Russia, but less than Moscow claims.
The gas price reached its highest level in four years today. The price rose to more than 87 euros per megawatt-hour. This is causing unrest among gas companies, reports VRT NWS. Many gas companies had hoped for a price drop, but instead, the gas price continues to rise. As a result, they have to pay more than expected. If a severe winter follows, the price could rise even further. The price increase is caused by the conflict between Iran and the…
Key takeaways European gas prices have risen to their highest level since late 2022, fueled by concerns about energy security for the coming winter. Increase of more than 3 percent Today, prices on the main Dutch futures market rose by more than 3 percent to 87 euros per megawatt-hour. This reflects a significant upward trend, […]
In the meantime, the European gas price on the Amsterdam stock exchange has risen by 87 euros per megawatt hour. In the early summer, it was at times still around 42 euros.
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