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.
European Gas Price Hits Two-Year High Amid Fast Depleting Inventories
European natural-gas prices jumped in early trade, reaching a two-year high as stronger fuel demand due to colder temperatures risks draining already low inventories.
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 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.
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’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,
Analysis: why Europe may be forced to pay more for gas?
The increased competition for LNG, driven by a larger consumer base, could result in Europe facing higher prices for the ...
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 ...
EU countries to discuss relaxation of gas storage targets, sources say
European Union countries will on Thursday discuss demands from some governments to relax the bloc's gas storage targets, EU ...
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 ...
Energy Industry Groups Slam Idea of EU Gas Price Controls
Europe’s biggest energy producers and traders warned the European Commission against introducing a gas price cap as a tool ...
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EU shoots down rumors it will revive divisive gas price cap
With gas prices spiking again, that conversation is taking on fresh urgency. Demand is up amid a cold snap, while Europe also ...
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 ...