European gas prices top $110/MWh for first time in over four years

[Attaqa] European gas prices rose to their highest level in more than four years during Wednesday's trading on October 28, 2026, surpassing $110 per megawatt-hour, according to Attaqa. The gains came as concerns mounted over securing the continent's gas needs ahead of winter, with storage levels declining and heating demand expected to rise, Attaqa said.