European gas prices jump 3% to above $1,160 amid monthly surge
European gas futures rose 3% on the last trading day of October, pushing the TTF benchmark above $1,160 per 1,000 cubic meters, as the market closed out a month of sharp gains.
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Commerzbank: European gas prices to stay elevated this winter
Commerzbank analyst Norman Liebke says European natural gas prices will likely remain high this winter as tight LNG supply and below-average storage levels force the region to lean on flexible LNG cargoes.