European gas prices increase over 20 percent
Gas prices in Europe increased by more than 20% during September, with the average price reaching $897.1 per thousand cubic meters, peaking at $1,008 amid storage levels dropping to a historic low of less than 70% capacity. This was driven by concerns over gas supplies and the impact of reduced maritime transportation, while prices had already risen by 17% in August and reached their highest levels in 2022 at $3,892.
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