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Gas prices are falling in Europe

Gas prices are falling in Europe
Gas prices are falling in Europe

Gas futures prices fell to $ 1,000 per thousand cubic meters at the opening of the trading day n Europe. According to Report.ge, this is evidenced by the data of the ICE on the London Stock Exchange.

February futures price for gas at the Dutch TTF hub opened at $ 1,034 per 1,000 cubic meters.

Gas prices ranged from $ 965-1070 during the trading day.

The decrease in price may be related to the additional supply of LNG from the US to Europe and an increase in electricity generation at European wind farms.

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