Volatile European Gas Prices Hit New Highs

摘要

European natural gas prices soared to new highs on Monday amid concerns that Russian energy exports to Europe could be cut off as the war in Ukraine intensiOes. The April Dutch TTF gas futures contract hit an early high of €345 per megawatt hour ($109 per million Btu) but closed at €215/MWh for a gain of 11.7% versus Friday.