Price of gas in Europe still rising

Gas prices in Europe have risen by almost 10 percent in the past 24 hours to $ 550 per 1,000 cubic meters; ICE data confirms the information.

The value of the September futures contract in the Netherlands increased by 9.6 percent over the TTF and amounted to about $ 550 per thousand cubic meters.

Last week, gas prices in Europe peaked at $ 580 per 1,000 cubic meters. However, in a few days, the cost dropped by almost $ 100 - at first amid false information about gas supplies via Nord Stream, and then about the possible reserves of 5.6 billion cubic meters on Gazprom's message.