# European Gas Futures Retreat Below €90 After Reaching €90.235 By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/36132 Published: 2026-10-21T00:01:23.000Z Updated: 2026-10-21T00:01:23.000Z Section: Investing > The November Dutch TTF contract traded at €90.10 per megawatt-hour by 7:21 a.m. ET (11:21 UTC) on Oct. 20. European natural gas futures fell back below €90 per megawatt-hour on Oct. 20 after a brief move above a threshold the Dutch benchmark had not crossed since December 2022. The November Dutch TTF natural gas futures contract traded at €90.10 per megawatt-hour by 7:21 a.m. ET (11:21 UTC). It reached an intraday high of €90.235 before moving back under €90 later in the session. The high was not a closing price. The Dutch Title Transfer Facility (TTF) is a wholesale gas trading point and a benchmark for European natural gas. The November contract is quoted in euros per megawatt-hour and covers physical gas delivery during that month. The retreat followed [the earlier move above €90](), which took the benchmark to its highest level since December 2022. European benchmark gas prices exceeded €300 per megawatt-hour in late August 2022. ## Links in this article - [the earlier move above €90](https://www.tokenpost.com/news/investing/35988)