UK and EU gas prices reach four-week highs amid annual gains
UK gas rose to 207.42 GBp/thm and EU gas to 83.48 EUR/MWh, with both benchmarks reaching their highest levels since September 2026.
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what happened
UK gas climbed to 207.42 GBp/thm, according to Trading Economics, marking its highest level since September 2026. Natural Gas UK has gained 0.92% over the past four weeks and is up 158.17% over the last 12 months.
EU gas also reached a four-week high at 83.48 EUR/MWh, Trading Economics reported. The benchmark is now at its highest level since September 2026. Natural Gas EU has risen 0.94% over four weeks and increased 164.78% over the past year.
why it matters
The simultaneous four-week highs in the UK and EU benchmarks point to higher gas prices across both markets over the period. Their 12-month gains remain substantially larger, at 158.17% in the UK and 164.78% in the EU.
instruments
sources
- UK Gas Hits 4-week High — Trading Economics, 12 October 2026 at 09:12 UTC
- EU Gas Hits 4-week High — Trading Economics, 12 October 2026 at 09:58 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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