December 04
Show news feed

The price of gas in Europe during trading on the London ICE exchange on Monday exceeded $ 1,100 per 1,000 cubic meters after the opening of trading fell below $ 1000, according to the data of the trading floor.

The cost of November futures on the TTF hub in the Netherlands has now settled at $ 1123 per 1,000 cubic meters.

On Wednesday, October 6, TTF set a new all-time high when the gas price exceeded $ 1,900 per 1,000 cubic meters, but after that began to decline rapidly. By the close of trading, the index fell one and a half times.

The high volatility of prices in the European gas market is associated, among other things, with the low occupancy of gas storage facilities ahead of the coming winter.

This text available in   Հայերեն and Русский
Read more: