Gas prices in Europe rose above 40 euros per megawatt hour, as supply shortages continue to negatively impact flows as the heating season approaches.
The price of gas contracts for delivery in October rose by approximately 5.8% from their price on the last trading day, after rising approximately 20% this month.
Extended maintenance work and strikes in some EU refineries caused price volatility, despite the storage facilities being full.
Norwegian gas facilities announced another set of production cuts on Thursday, which will restrict flows from Europe's largest supplier.
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