European gas prices continue to soar ...News

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European gas prices continue to soar
Futures top highest level since March Natural gas spot prices in Europe continue to rise with September futures on the TTF hub in the Netherlands jumping to nearly $3,500 per thousand cubic meters on Friday, according to data on the London ICE exchange. Prices have reached their highest level since March. The price rally started last week, after Russian energy giant Gazprom said the only operational turbine on the Nord Stream 1 pipeline would be shut down for maintenance works from August 31. Gas transit through the route will be entirely suspended until September 2. Meanwhile, European countries are trying to fil

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