Gas price in Europe hits $1,340 per 1,000 cubic meters
The price of gas in Europe climbed to $1,340 per thousand cubic meters during Tuesday trading, according to ICE data. Gas prices increased by over 8% in total over the day.
December futures at the TTF hub in the Netherlands rose to $1,340 per thousand cubic meters, or to 124.645 euro per MWh.
The rise in gas prices in Europe resumed as temperatures in the region started to drop.