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7.7

European gas prices hit highest since late 2022 as heating season begins

TTF front-month gas price reached €87.32/MWh for November delivery, the highest level since the end of 2022. This reflects tightening supply amid the start of the heating season, with uncertainty over remaining storage levels and potential winter demand spikes. Elevated prices could pressure European inflation and industrial competitiveness.

Poslovni Dnevnikabout 1 hour agoNL, EUCredibility 18%View source

Score Breakdown

Mosaic Score7.7
Model confidence0.9
Significance0.8
Source credibility0.2

Intelligence Tags

Locations

Dutch TTF exchange

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countrymarket
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