# European Gas Tops 101 Euros for First Time Since 2022 | OilPrice.com

> Europe's TTF benchmark gas price topped 101 euros per MWh for the first time since 2022, trading at 101.82 euros early Friday. Prices rose about 4% on the day and were on track for an 8% weekly gain. Concern over Gulf LNG flows through the Strait of Hormuz and historically low EU storage drove the rally.

- Date: 2026-10-30 · published 2026-10-31T10:05:53.913Z
- Category: geopolitics · region Europe · magnitude high
- Page: https://feedsoft.ai/events/2978-european-gas-tops-101-euros-for-first-time-since-2022-oilprice-com
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Higher gas prices raise nitrogen fertilizer production costs, which lifts urea prices and feeds into grain costs, while Europe competes for LNG in ways that tighten global supply.

## Read by commodity

- UREA: bullish ▲
- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2026-10-28 | [European gas price crosses €100 for first time since 2022 as EU warns of new crisis \| Euronews](https://feedsoft.ai/events/267-european-gas-price-crosses-100-for-first-time-since-2022-as-eu-warns-of-new.md) | +0.7% | — |
| NATGAS | 2026-10-29 | [European gas hits highest level since 2022, up 4.35%](https://feedsoft.ai/events/1453-european-gas-hits-highest-level-since-2022-up-4-35.md) | -1.8% | — |
| NATGAS | 2022-02-24 | [European gas prices soar and oil tops $105 after Russia attacks Ukraine](https://feedsoft.ai/events/42882-european-gas-prices-soar-and-oil-tops-105-after-russia-attacks-ukraine.md) | +2.2% | +13.9% |
| NATGAS | 2026-10-26 | [Natural-Gas Prices in Europe Climb to Highest Level Since 2022 Amid Iran War - WSJ](https://feedsoft.ai/events/622-natural-gas-prices-in-europe-climb-to-highest-level-since-2022-amid-iran-war-wsj.md) | +5.2% | — |
| NATGAS | 2026-10-29 | [Euro 100! Europe Gas Prices Spike To 2022 Crisis Levels: Households, Industry Brace For Impact](https://feedsoft.ai/events/265-euro-100-europe-gas-prices-spike-to-2022-crisis-levels-households-industry.md) | -1.8% | — |
| UREA | 2026-10-28 | [European gas price crosses €100 for first time since 2022 as EU warns of new crisis \| Euronews](https://feedsoft.ai/events/267-european-gas-price-crosses-100-for-first-time-since-2022-as-eu-warns-of-new.md) | -1.3% | — |
| UREA | 2026-10-26 | [Natural-Gas Prices in Europe Climb to Highest Level Since 2022 Amid Iran War - WSJ](https://feedsoft.ai/events/622-natural-gas-prices-in-europe-climb-to-highest-level-since-2022-amid-iran-war-wsj.md) | +0.0% | — |
| UREA | 2026-10-28 | [QatarEnergy Extends LNG Force Majeure to End of 2026 \| OilPrice.com](https://feedsoft.ai/events/266-qatarenergy-extends-lng-force-majeure-to-end-of-2026-oilprice-com.md) | -1.3% | — |

## Sources

- oilprice.com: https://oilprice.com/Latest-Energy-News/World-News/European-Gas-Tops-101-Euros-for-First-Time-Since-2022.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.