EU gas prices rise as winter approaches
4 days ago - By RT
Member states are tapping into energy reserves as demand for heating grows, the media report
Natural gas prices in Europe rose over the week due to strong demand because of cold weather with benchmark futures soaring by 8%, Bloomberg reported on Friday.
Although prices have fallen from summer peaks due to plentiful LNG supplies which helped Europe build up its stockpile, they are likely to start climbing again.
Dutch TTF natural gas futures for next month rose by 1% to €125 per megawatt-hour and Dutch January contracts rose to €128.30, Refinitiv Eikon data showed.
The demand for heating...
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