European gas prices hold steady as CO₂ and power costs climb across markets

Line chart comparing TTF gas, coal, Brent oil, and CO₂ prices in Europe from October to November 2025.

European gas prices remained largely stable in early November even as CO₂ and electricity prices rose across major markets. TTF front-month gas traded below €32/MWh throughout the first week of the month, supported by abundant LNG arrivals and comfortable storage levels. Power-sector prices increased mainly due to higher CO₂ allowance costs—above €82/t, the highest since February—and reduced wind generation in […]

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