European Gas Prices Rise as Winter Approaches
December 29, 2025425 ViewsRead Time: 1 minutes
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European gas markets have seen a significant uptick in prices as the year draws to a close, with futures contracts rising by roughly 3% during trading on Monday.
As of 10:08 Moscow time, January gas contracts on the Dutch "TTF" index, the primary benchmark for gas prices in Europe, increased by 2.8%, reaching $351.7 per thousand cubic meters.
The session began with an increase of 2.3%, starting at $349.9 per thousand cubic meters.
In 2025, the average futures price for gas in Europe is projected to be $386.50 per thousand cubic meters, reflecting a 16.3% decrease compared to 2024. This decline is attributed to notable market fluctuations driven by supply and demand dynamics, as well as the impact of renewable energy on pricing.
The recent rise in prices signals increasing pressure on European consumers as winter approaches and heating demand escalates, with expectations of ongoing price volatility in the months ahead.
As of 10:08 Moscow time, January gas contracts on the Dutch "TTF" index, the primary benchmark for gas prices in Europe, increased by 2.8%, reaching $351.7 per thousand cubic meters.
The session began with an increase of 2.3%, starting at $349.9 per thousand cubic meters.
In 2025, the average futures price for gas in Europe is projected to be $386.50 per thousand cubic meters, reflecting a 16.3% decrease compared to 2024. This decline is attributed to notable market fluctuations driven by supply and demand dynamics, as well as the impact of renewable energy on pricing.
The recent rise in prices signals increasing pressure on European consumers as winter approaches and heating demand escalates, with expectations of ongoing price volatility in the months ahead.
