Exchange gas prices in Europe down by 7.4%

Energy
  • 12 June, 2023
  • 11:05
Exchange gas prices in Europe down by 7.4%

Exchange prices for gas in Europe at auction on Monday fell by more than 7%, Report informs, citing London's ICE.

July (nearest) futures on the TTF index (the largest hub in Europe located in the Netherlands) opened trading at $366.3 per thousand cubic meters (+2.3%). Then they fell to $331.5 (-7.4%).

The dynamics of quotations is based on the settlement price of the previous trading day - $357.9 per thousand cubic meters.