European benchmark gas price touches €100 for first time since December 2022
UNG•Europe’s benchmark natural gas contract briefly reached €100 per megawatt hour for the first time since December 2022, rising about 4% from the previous session as Middle East shipping disruptions kept LNG supply tight ahead of winter.
1. Gas reaches €100
The Dutch front-month contract at the TTF hub briefly traded at €100 per megawatt hour around 1335 GMT on Wednesday, up about 4% from the previous session. Middle East shipping disruptions affecting liquefied natural gas supplies kept supply tight ahead of winter.
