# Winter Comes Early to Gas Market in Europe With a Surge in Price - Bloomberg

> 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.

- Date: 2018-10-01 · published 2018-10-01T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/62748-winter-comes-early-to-gas-market-in-europe-with-a-surge-in-price-bloomberg
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

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.

## Read by commodity

- NATGAS: bullish ▲

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2018-10-01/winter-comes-early-to-gas-market-in-europe-with-a-surge-in-price

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