Gas prices drop in Europe

Exchange prices for gas fell by 1.6% in Europe on Tuesday, Report informs via the London Stock Exchange ICE.

October (nearest) futures on the TTF index (the largest hub in Europe, located in the Netherlands) opened trading at $388.1 (+3.5%) per thousand cubic meters. Then the price dropped to $369 (-1.6%) per thousand cubic meters.

The dynamics of quotations is based on the settlement price of the previous trading day - $374.9 per thousand cubic meters.

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