Gas prices in Europe rise 3.3%

News Department
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Exchange prices for gas in Europe on August 15 morning after the opening of trading rose by 3.3% to $404.7 per 1,000 cubic meters, Report informs referring to the London Stock Exchange ICE.

September (nearest) futures on the TTF index (the biggest hub in Europe, located in the Netherlands) opened trading at $426.2 (+8.8%) per 1,000 cubic meters. Further, the cost amounted to $404.7 (+3.3%).

The dynamics of quotations is based on the settlement price of the previous trading day - $391.7 per 1,000 cubic meters.

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