Gas futures in Europe reduce growth twice

The prices of the nearest gas futures in Europe fell by almost half - to 2.3%, Report informs referring to the London stock exchange ICE.

By 3 p.m. (GMT+4), the figure was $1,676.7, which is 4.8% higher than the estimated price on December 17. After the results of the auctions, prices began to show a gradual decline in growth rates, and dropped to $1,635.8, which is 2.3% higher than the target price.

Then prices went up again and returned to their previous growth rates. Gas prices as of 3/30 p.m. approached the $1,700 mark. The growth was almost 6%.