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The European Council has reached an agreement on a planned electricity market reform aimed at stabilizing prices.

'European energy markets reached a boiling point last week'.

European gas has moved decisively into BofA Global Research's 'ugly' scenario.

Intense swings in European natural gas prices have prompted traders to pile into options contracts.

European natural gas prices declined amid growing stockpiles and imports of LNG, while the region tries to ease an unprecedented energy crisis.

European natural gas jumped as nervousness over a short-lived rebellion in Russia added to supply fears.

European natural gas prices rose for a fourth consecutive session as Russia offered little clarity on future flows via the key Nord Stream pipeline.

European natural gas prices jumped after Germany's Uniper SE was awarded more than €13 billion ($14 billion) in damages for unsupplied volumes from Gazprom PJSC.

Increased month-on-month heating demand in Europe due to colder temperatures did not hurt the continent as both businesses and households changed their behavior.

European natural gas prices surged to the highest this year after flows from Norway slumped.