EconomyEuropean spot gas price tops $1,050 per 1,000 cubic meters for first time since December 2022
European spot gas prices crossed $1,050 per 1,000 cubic meters on Tuesday, their highest level since December 2022. Day-ahead prices at the benchmark Dutch TTF hub reached $1,052. Record-low inventories ahead of winter and escalating Middle East tensions are driving the surge.
European spot gas price tops $1,050 per 1,000 cubic meters for first time since December 2022