European Gas Prices Surge Past €80 Amid Middle East Conflict

Europe Gas Prices Rise Above €80 for First Time Since 2023

European natural gas climbed above €80 a megawatt-hour for the first time in more than three years, raising the stakes for Europe as a prolonged run of high prices threatens to fuel inflation and tip the region toward a broader crisis.

By Rachel Morison

European Gas Prices Hit Highest Since 2023 as Market Braces for Prolonged LNG Squeeze - WSJ

European Gas Prices Hit Highest Since 2023 as Market Braces for Prolonged LNG Squeeze  WSJ

Europe natural gas prices top €80/MWh for first time since 2023

Spread closes at 85 points, yield at highest level since 2023

(ANSA) - ROME, 09 SET - The spread between Italian 10-year BTPs and German Bunds closed higher at 85 points Wednesday, up from the 82 points recorded at the day's opening. The Italian annual yield hit its highest level since November 2023, rising 11 points to 4.29%. The German yield rose 7.6 points to 3.44%, while the French yield increased by 10.9 points to 4.34%. (ANSA). Read article...

By ANSA

Oil Prices Rise as Middle East Conflict Escalates

The price of oil returned to triple digits in US dollars, as conflict in the Middle East threatens supply chains and puts a strain on global reserves.

European gas prices surge to highest level since 2023 as winter supply fears mount

Natural gas futures prices in Europe have risen by more than 8 percent since the end of last week, reaching their highest level since January 2023. Sources confirm that gas prices at the Netherlands-based TTF hub increased by...