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European wholesale gas prices were already near their highest levels in a decade at the start of October, before any cold weather arrived. Rising costs are expected to lift the price of home heating and industrial power.
Politicians in London and Berlin are scrutinizing the increases.
Higher European gas prices raise the cost of nitrogen fertilizer and energy-intensive processing, which can lift feed input costs. The trend also signals firm global energy demand for winter.
bloomberg.comAnna Shiryaevskaya, Mathew CarrOct 1, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
