A New Surge in Gas Prices in Europe at the Beginning of 2026
December 29, 2025599 ViewsRead Time: 1 minutes
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The European gas markets witnessed a noticeable rise in blue fuel prices at the end of 2025, with futures contracts increasing by about 3% in trading on Monday.
By 10:08 Moscow time, January gas contracts on the Dutch "TTF" index, the main index for gas prices in Europe, rose by 2.8% to reach $351.7 per thousand cubic meters.
The contracts had started today's session with an increase of 2.3% at $349.9 per thousand cubic meters.
The average futures contracts for gas in Europe during 2025 indicate $386.50 per thousand cubic meters, which is 16.3% lower compared to 2024, reflecting significant market fluctuations throughout the year, influenced by supply and demand factors and renewable energy on prices.
The recent price increase reflects growing pressures on European consumers as winter approaches and demand for heating rises, amid expectations of continued price volatility in the coming months.
By 10:08 Moscow time, January gas contracts on the Dutch "TTF" index, the main index for gas prices in Europe, rose by 2.8% to reach $351.7 per thousand cubic meters.
The contracts had started today's session with an increase of 2.3% at $349.9 per thousand cubic meters.
The average futures contracts for gas in Europe during 2025 indicate $386.50 per thousand cubic meters, which is 16.3% lower compared to 2024, reflecting significant market fluctuations throughout the year, influenced by supply and demand factors and renewable energy on prices.
The recent price increase reflects growing pressures on European consumers as winter approaches and demand for heating rises, amid expectations of continued price volatility in the coming months.
