Gas prices in Europe drop

24 November 2024

Gas prices in Europe drop slightly

12:03 11 May 2023 Read: 1545

Gas prices in Europe drop slightly

The cost of futures for gas in Europe fell slightly and stayed below $400 per 1,000 cubic meters on May 11 morning, AzVision.az reports citing the data of the London ICE exchange.

June (nearest) futures on the TTF index (the largest hub in Europe, located in the Netherlands) opened May 11 trading at $394.6 per 1,000 cubic meters (-0.6%). Then they fell to $391.4 (-1.4%). The dynamics of quotations is based on the settlement price of the previous trading day - $397 per 1,000 cubic meters.

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