European Energy Prices Continue Run of Record Highs

  • Gas futures reach new highs for a fourth day in a row
  • Market is trying to avert ‘catastrophic scenario’: Rabobank
Photographer: Geert Vanden Wijngaert/Bloomberg
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European gas futures surged to a record for a fourth consecutive day, as supplies remained stubbornly low. Meanwhile, year-ahead German and France power prices also reached new highs.