European gas prices rose on Tuesday to their highest level since December 2022, driven by disruptions to supplies from the Gulf and declining German gas inventories, while oil prices fell after surging sharply on Monday.
During trading on the Amsterdam exchange, Dutch TTF gas futures, the European benchmark for gas prices, rose 2.17% to €86.19 (approximately $96.43) per megawatt-hour, after reaching €86.79 (approximately $97.09) earlier.
During trading on the Amsterdam exchange, Dutch TTF gas futures, the European benchmark for gas prices, rose 2.17% to €86.19 (approximately $96.43) per megawatt-hour, after reaching €86.79 (approximately $97.09) earlier.
