European gas prices hit 4-month high ...News

Russia Today - Economy
European gas prices hit 4-month high
source : Russia Today ( News ) () 14
The rising energy costs have been driven by fear of possible Russian supply cuts Natural gas spot prices in Europe surpassed $1,900 per thousand cubic meters on Thursday for the first time since early March, according to London ICE data. The August futures price at the TTF hub in the Netherlands increased to $1,926 per thousand cubic meters, or €182.65 per megawatt-hour in household terms for European consumers. Overall, prices were up by 7% since the start of trading on Thursday. Gas prices in Europe have doubled over the month, although they remain below the all-time high of $3,900 per thousand cubic meters reac

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