Baku 24° C
European gas prices surge past $340 per 1,000 cubic meters
Energy
- 07 January, 2026
- 12:26
Add Report.az to preferred Google sources
Stay up to date with the top news!
European gas exchange prices rose 1.3%, reaching $340 per 1,000 cubic meters.
According to Report, citing data from the London-based ICE exchange, February futures for the TTF index (Europe's largest hub, located in the Netherlands) opened at $343.7 (+1.1%) and later climbed to $344.2 (+1.3%).
The price movement is calculated based on the previous trading day's settlement price of $339.9 per 1,000 cubic meters.
The average price of European gas futures over the past year slightly exceeded $420, nearly 9% higher than a year earlier.
Author
Latest News
14:47
Photo
NATO training course concludes in Baku
Military
14:27
Indonesian cuisine showcased in Baku
Foreign policy
14:15
Mongolia becomes new donor to World Bank's fund for poorest countries
Other countries
13:55
Photo
Azerbaijan mulls co-op with IMF, ADB in Bangkok
Finance
13:35
Photo
Ramin Mammadov: Shared cultural, spiritual values create important foundation for regional co-op
Religion
13:19
Azerbaijan represented by Deputy FM at 52nd OIC Council of Foreign Ministers session
Foreign policy
12:50
Photo
Official brand of FIFA U20 World Cup 2027 presented in Baku
Football
12:23
Azeri Light oil price falls to $116 per barrel
Energy
12:00
Pashinyan, Japarov mull security issues in South Caucasus, Central Asia
Region