Skip to content

Europe Gas Futures Indicate Energy Crisis May Linger for Months

  • Contracts are priced steadily higher through rest of year
  • EU is weighing whether to prolong emergency measures
Updated on

European natural gas prices are set to move higher through the rest of the year, futures contracts show, a sign that the energy crunch isn’t over yet. 

Benchmark Dutch futures for December are currently priced near €63 per megawatt-hour, compared with about €55 for March. Both are elevated for their respective times of year, though far below the record-setting levels seen last August.