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European Gas Prices Surge Past USD 108 for the First Time Since 2022

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Amsterdam, October 26 (QNA) - European natural gas prices surpassed USD 108.6 (EURO 97) per megawatt-hour for the first time since 2022.
Benchmark futures extended their gains from last week, rising by as much as 3.5 percent Monday, according to Bloomberg.
Dutch front-month futures, the benchmark for European gas prices, also rose 3.2 percent to EURO 96.88 per megawatt-hour in Amsterdam.
As gas prices climbed, front-month French electricity futures rose above EURO 200 per megawatt-hour for the first time since January 2023. (QNA)

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