Gas Prices in Europe Break New Record of Over $1,150 Per 1,000 Cubic Meters

The price of gas futures in Europe reached a new historic high, topping $1,150 per 1,000 cubic meters on Thursday, according to trading data on ICE Futures. The price of November gas futures for Dutch TTF, the most liquid European hub, opened trading at about $1,050 and surged to record $1,177.6 at 08:21 GMT.

The previous record of over $1,100 per 1,000 cubic meters was set earlier in the day.

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