European gas prices vaulted to record highs this summer, driven by factors ranging from low inventories and outages to an Asian buying spree, and signaling further rises in coming months that could mean higher household bills this winter. The front-month contract at the Dutch TTF hub, a key European benchmark, hit 38.65 euros ($45.77) per megawatt-hour on Tuesday, its highest since Refinitiv Eikon records began. The British front-month contract reached a record 93.35 pence per therm on Monday. “A confluence of factors occurring at the same time has caused the recent bull run with record low gas storage, outages, continual/prolonged production issues, and active Asian buying,” said Nick Campbell, a director at consultancy Inspired Energy (INSEI.L). A cold […]