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Price of gas in Europe still rising

Price of gas in Europe still rising
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. 

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