Europe grapples with gas prices

European energy industry urges EU not to cap gas prices
Europe's gas and energy trading industries have urged the European Union not to cap gas prices, as Brussels seeks ways to protect consumers and businesses from energy price spikes.
Europe’s High Gas Prices Are Dampening Industrial Demand
Price-elastic European industrial gas demand fell significantly in January, particularly in the second half of the month
European natural gas prices jump to two-year high
European natural gas prices jumped to two-year highs Monday, as higher fuel demand due to colder temperatures risks draining already low inventories. The benchmark front-month gas contract at the Dutch TTF hub rose as much as 5.
Europe is puzzling over how to reduce gas prices: price limit or Ukrainian transit
The cost of gas in Europe exceeds the figures of a year ago by two times and the EU started talking about a new price limit. The easiest way to reduce prices is to resume the Ukrainian transit of Russian gas,
European Gas Prices Drop After U.S.-Russia Talks Over Ukraine
Flows of Russian gas via Ukraine were halted on Jan. 1 after a prewar transit deal expired, reducing supplies and causing disruptions for European countries like Slovakia and Austria. In order to offset losses and replenish fast depleting inventories, the European Union is now expected to significantly boost imports of liquefied natural gas.
Europe’s Gas Price Drops Below 50-Euro Mark
European natural-gas prices extended losses, dropping below the 50-euros-a-megawatt-hour mark amid talks to end the war in Ukraine and discussions to ease EU storage targets.
EU gas crisis: Rising prices spark debate on price limits
When the temperature drops, the price of gas increases. In Europe, the discussion about freezing its prices is resurfacing. However, such intervention is controversial. Traders, energy exchanges, and financial sector representatives have sent a joint letter to Ursula von der Leyen,
EU to hold next round of joint gas buying in March
The European Union will hold its next round of joint gas buying in March, seeking demand from buyers for the next five years ...
European Gas Extends Slide as Trump-Putin Talks Bolster Markets
European natural gas prices slumped Thursday as US-Russia talks boosted prospects for an end to the war in Ukraine, raising ...
Germany Asks for Gas Storage Exemptions, Sending Prices Tumbling
European gas futures tumbled the most since early 2024 after Germany called for exemptions from the European Union’s storage ...
Recovering wind output may help cool Europe's heated gas market: Maguire
By Gavin Maguire LITTLETON, Colorado (Reuters) -Wind-powered electricity production across Europe dropped by over 7% in ...
Europe Poised for Blast of Arctic Cold as Gas Storage Drops
Freezing temperatures and low wind power production will put further pressure on Europe’s strained energy market, as natural ...
Why rising LNG prices could spell trouble for global energy markets
The CEO of Vitol, a prominent global energy trading firm, expressed concerns on Wednesday about the escalating prices of LNG ...