Gas prices in Europe surge 1.6%

  10 July 2025    Read: 554
Gas prices in Europe surge 1.6%

Exchange prices for gas in Europe increased by 1.6%, to almost $422 per 1,000 cubic meters, according to the London ICE exchange.

August (nearest) futures on the TTF index (the largest hub in Europe, located in the Netherlands) opened trading at $421.2 (+1.4%) per 1,000 cubic meters.

Then their cost was $421.9 (+1.6%). The dynamics of quotes are given from the settlement price of the previous trading day - $415.4 per 1,000 cubic meters.

Back in mid-February, exchange gas in Europe was significantly more expensive - prices exceeded $630 per 1,000 cubic meters for the first time in two years.

 

AzVision.az


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