Gas price for Europe in October 16% lower than last year

Business & Economy November 01, 7:29

In general, prices increased by 19% in January-October 2025, compared to the same period last year

MOSCOW, November 1. /TASS/. The average gas price for Europe in October declined by 2% compared to September, and 16% year-on-year, reaching $385 per 1,000 cubic meters, according to London’s ICE data and TASS calculations.

The gas price for European hubs stood at $509 per 1,000 cubic meters in the first quarter of 2025, at $420 in the second quarter, and $399 in the third quarter.

In general, prices increased by 19% in January-October 2025, compared to the same period last year.

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