EU natural gas prices top €100 for first time since 2022
European gas passed €100 per megawatt hour as winter nears. The EU said it is not worried about supplies. India is buying record LNG at record prices.
Why it matters
Households and industry in Europe and Asia face higher heating and power costs.
Background
Gas prices rose with the Gulf conflict.
The story so far
- Record fuel prices speed Europe's shift to electric cars
- EU natural gas prices top €100 for first time since 2022
- Eleven EU countries to release 42.6 million barrels of oil
Sources
- France 24 ↗Oct 28, 6:02 PM ET
- OilPrice ↗Oct 28, 4:00 PM ET
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