Gas prices in Europe fall to $426

News Department
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Exchange prices for gas in Europe fell on July 15 to the settlement price of July 14, standing at $426 per 1,000 cubic meters, Report informs referring to the London ICE exchange.

August (nearest) futures on the TTF index (the largest hub in Europe, located in the Netherlands) opened trading at $426.8 (-0.3%) per 1,000 cubic meters. Then their cost was $426 (-0.5%).

The dynamics of quotes are given from the settlement price of the previous trading day - $428.3 per 1,000 cubic meters.

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

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