Top

Gas prices falling in Europe

Gas prices falling in Europe
Gas prices falling in Europe

Gas futures prices fell to $ 1,000 per thousand cubic meters at the opening of the trading day in 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. However, it later dropped to $ 965.

In Europe, the price of gas fell on the last day of last year, for the first time since November 10.

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

On December 21, the gas exchange price in Europe exceeded $ 2,000 per thousand cubic meters for the first time in history.

If you find out orphographic mistake in the text, please select mistaken part of the text and press Ctrl + Enter.

Last added

Latest news



orphus_system