February futures on the TTF index (the largest hub in Europe located in the Netherlands) opened trading at $773.7 (+3.7%). Futures then rose to $779. The dynamics of quotations is based on the settlement price of the previous trading day - $746 per thousand cubic meters.
Exchange gas prices in Europe fell below $700 per thousand cubic meters on January 5 for the first time in almost 16 months - from September 10, 2021. Experts noted that the decline in gas prices on the European stock exchange is associated with warming and an increase in energy generation from wind.
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