Colder Weather Forecasts Jolt Gas Prices In Europe

Gas prices in Europe rose on Tuesday as cooler temperatures in most of Western Europe are expected at the beginning of November. The gains were modest, however, as this week’s weather in the UK and most of Western Europe is expected to be mild, according to Refinitiv Eikon data cited by Reuters.Next week, colder weather is expected, according to two reports quoted by Bloomberg.Power prices for next month in France and Germany rose on Tuesday, with the German power price at its highest level since early last week. Although European and UK…