Gas futures in Europe rise 1.1%

Stock exchange prices for gas in Europe increased by an average of 1.1%, which were within $932.1-$959.1 per 1,000 cubic meters, Report informs referring to the London Stock Exchange ICE.

June futures for gas - on the index of the largest European hub TTF - opened trading with a slight increase. The first futures contracts were sold for $940.4 per 1,000 cubic meters, which is 0.6% higher than the previous day’s settlement price of $935.

Shortly after the start of trading, prices shifted to a slight decrease and fell to $932.1 (-0.3%). Then the prices returned to growth again and while they are within $932.1-$959.1, the average growth is 1.1%.