Brussels asks capitals to curb gas and electricity use as storage runs low
The European Commission's energy chief wrote to national ministers before an informal council in Dublin, warning that reserves had entered the heating season far…
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Europe pays almost 10 times the US price for wholesale gas
The exact gap moves from day to day. Market prices in recent weeks have put it at anywhere between eight and 10 times, depending on the trading session.
EU races to refill gas storage for winter as Gulf supply stays blocked
The European Commission relaxed its gas storage obligation from 90 per cent to a minimum of 75 per cent earlier this year, citing market pressures.
Energy prices soar, stock markets slide on Iran war fallout
Oil and gas prices soared, stock markets slid and the dollar firmed on Monday as the widening Iran war shook financial markets across the globe.
German electricity prices soar to 2022 levels
Energy prices in Germany have returned to 2022 levels, driven by a combination of factors that have exacerbated the energy crisis stemming from the invasion of Ukraine…
European gas prices edge higher as outlook for cold snap deepens
European natural gas prices have edged higher as the intensity of a looming cold snap deepened, lifting demand for the heating fuel.
Dutch energy prices double amid green transition
The Netherlands' green energy transition is leading to electricity and gas prices almost doubling.