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UK and Dutch Gas Futures Surge, UK Gas Up 7.69% on the Week

UK natural gas futures rose 3.17% to 201.870 pence per therm in late European trading on Friday, October 9, after touching 204.470 pence at 23:10 Beijing time, for a weekly gain of 7.69%. Dutch TTF benchmark gas futures climbed 4.62% to €81.182 per megawatt-hour, up 6.31% on the week. EU carbon emissions allowance futures edged up 0.16% to €87.02 per tonne, a weekly gain of 3.08%.

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AI take

The move is broad rather than isolated: both the UK and Dutch benchmarks posted solid weekly gains, and carbon allowances rose alongside them, suggesting the pressure is tied to European energy and emissions costs rather than one local contract. That matters for power and industrial hedging costs across the region, since gas and carbon often move together in European pricing. The open question is whether carbon's quieter weekly rise keeps pace with gas, or whether the two benchmarks start to diverge.

Generated by AI for reference only.

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