European gas price peaks to new record again

​the brussels times​​​

By  Maïthé Chini
    For the first time since March, the European price for natural gas exceeded the €300 per megawatt-hour (MWh) mark during trading on Wednesday evening due to fears that Russia will further cut gas supplied to the EU.
    While the price exceeded the €300 threshold during the trading, it closed at €292.15/MWh – a new record at the closing bell and about €23 higher than the previous record of €276.75 on Monday.
    The leading Dutch price for natural gas, the TTF-future of the exchange company Intercontinental Exchange (ICE), was jumping around €300 at the end of the trading day, but eventually dropped a few euros below the mark for delivery in September.
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