European exchange gas prices rise 3%

News Department
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Exchange gas prices in Europe rose by 3% during the last trading session of the month, exceeding the level of $1,160 per 1,000 cubic meters, Report informs citing data from the London ICE exchange.

December (front-month) futures on the TTF index (Europe's largest distribution center, located in the Netherlands) opened trading at $1,141.9 (+1.2%). Later, the figure reached $1,163.7 (+3.1%).

The quotation dynamics are based on the settlement price of the previous trading day - $1,128.8 per 1,000 cubic meters.

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