European Gas Futures Top €90 for First Time Since December 2022
Photo: TokenPost
On Oct. 20, Dutch TTF gas reached a level it had not seen since December 2022, clearing €90/MWh. The Dutch TTF front-month contract stood at €90.10/MWh at 7:21 a.m. ET (11:21 UTC). TTF is a Dutch wholesale gas benchmark. Prices remain well below the 2022 crisis peak of more than €300/MWh in late August of that year. Fourth-quarter 2026 European gas prices are projected to average €70/MWh if Persian Gulf liquefied natural gas (LNG) exports gradually improve. That figure is a quarterly average, not an end-of-year target.
Source: TokenPost
