Energy · Amsterdam, Netherlands · October 30, 2026

European gas tops 101 euros per megawatt-hour

Reported by 1 outlet · under-reported · first reported Oct 30, 10:30 AM ET

Europe's benchmark gas price passed 101 euros for the first time since 2022. Winter is near and storage is historically low. Japan is also set to overtake China as top LNG importer.

Why it matters

Higher gas prices raise household heating and industry costs.

Background

Europe lost Russian gas after 2022 and relies on LNG.

The story so far

1. Oct 18Europe braces for winter energy crunch as gas reserves run low
2. Oct 22European gas prices rise toward 90 euros on Middle East escalation
3. Oct 23European gas prices reach highest level since 2022
4. Oct 26European gas hits four-year high
5. Oct 30European gas tops 101 euros per megawatt-hour
6. Oct 31European gas tops 101 euros as winter looms

Follow the whole story →

Sources

• OilPrice ↗Oct 30, 10:30 AM ET

This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.

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