Gas prices in Europe exceed $400 for first time since December 2023

News Department
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Gas prices in Europe during exchange trading have exceeded $400 per 1,000 cubic meters for the first time since December 27, 2023, according to the London ICE, Report informs referring to TASS.

The overall price increase since the beginning of the day is about 4%.

The cost of June futures at the TTF hub in the Netherlands rose to about $401 per 1,000 cubic meters, or 35.76 euros per MWh (based on the current exchange rate between euro and dollar, ICE prices are presented in euros per MWh).

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