TTF price dips slightly in early trading
The contract for November gas delivery at the Dutch TTF gas hub is trading at €102.4/MWh ($1,091/'000 m3) as of 07:40 GMT, down slightly from €104/MWh at the previous close of trade.
After peaking at a weighted day average of €116/MWh on October 5, the November contract declined over the following days, landing at €85.2/MWh on October 11. But since then it has been rallying once more.
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The European Commission proposed on October 13 a "toolbox" of measures to shield consumers and businesses from the spike in energy prices, including financial support for energy-poor users. But this announcement had seemingly little impact on prices.