Natural gas price spikes 25 percent on soaring demand

5 years ago
 Natural gas price spikes 25 percent on soaring demand

European and UK gas prices surged on Wednesday by more than 25 percent, energized by soaring demand before the cold northern hemisphere winter.

Europe’s Dutch TTF gas price jumped to 145.19 euros per megawatt hour and UK prices soared to 347.27 pence per therm, having already hit record peaks in earlier trade.


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