In the last six months, gas prices rose by more than 50%, while electricity and crude oil prices rose by 25%.
EnvironmentEuropean Union
- Omissions
- No source found states the exact figures claimed (gas +50%, electricity +25%, crude oil +25%) for the six-month period ending October 2026; the available sources describe a broader energy shock that began on 28 February 2026, so their reference period does not match the claim's 'last six months' window.
- The Ember figure of 'more than 50%' refers to the COST OF GAS-FIRED POWER (a derived indicator), not to the wholesale gas price itself, so it does not directly confirm the claim's gas-price component.
- Sources confirm a genuine and large 2026 energy price shock (gas at a three-year high above €75/MWh in September 2026), so the general direction of the claim may be plausible, but the exact magnitudes could not be corroborated.
- The crude oil component is not supported by any located source; a pre-shock market outlook (ABN AMRO) projected Brent averaging around $55/b in 2026, which would be inconsistent with a +25% six-month rise unless a later supply shock intervened.
- All located sources are secondary analyses or market data aggregators; no primary official price series (Eurostat, ECB price indices, ICE/EEX) matching the exact six-month window was retrieved.
- Sources
- PrimaryEuropean Central Bank — Economic Bulletin, Focus issueSo far, the 2026 energy price shock has been smaller in scale, with more limited increases in wholesale gas and electricity prices than during the last energy [crisis].
- SecondaryEmber — The cost of gas-fired power in the EU jumped by more than 50% since the escalation of conflict in the Middle EastThe cost of gas-fired power across Europe has increased by more than 50% due to the gas price spike since February 28.
- SecondaryEU Perspectives — Gas prices hit three-year highEuropean gas prices broke through €75 per megawatt hour on Wednesday, reaching their highest level since early 2023. At the end of June, gas was still trading...
- SecondaryEuronews — European gas prices jump by as much as 45% as Qatar stops LNG productionThe benchmark European gas price, traded on the Dutch TTF hub, rose by as much as 45% to around €46 per megawatt-hour in early afternoon trading.
- SecondaryTrading Economics — EU Natural Gas price dataEU Gas rose to 87.76 EUR/MWh on October 16, 2026, up 1.54% from the previous day. Over the past month, EU Gas's price has risen 14.94%, and is up 175.84%.