Gas prices in Europe decrease 

  06 December 2022    Read: 271
Gas prices in Europe decrease 

Gas prices in Europe fell 1.1% in early trading on December 6, AzVision.az reports citing the London Stock Exchange ICE.

January futures on the TTF index (the largest hub in Europe located in the Netherlands) opened trading at $1,495.6 (+1.1%). Then they fell to $1,462.9 per 1,000 cubic meters (-1.1%). The dynamics of quotations is based on the settlement price of the previous trading day - $1,478.8 per 1,000 cubic meters.

The cost of the nearest futures on ICE on December 1 for the first time since October 13 exceeded $1,700 (the maximum was almost $1,780). Prices in Europe rose against the backdrop of cold weather and low wind generation.


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