Gas futures in Europe rise by almost 1%

The price of November gas futures in Europe at the opening of trading on October 26 rose by almost 1%, above $1,070 per 1,000 cubic meters, according to data on ICE Futures, Report informs citing Prime agency.

The value of November gas futures according to the Dutch TTF index at the opening of trading amounted to $1,085.5 per 1,000 cubic meters (EUR935.8), and as of 10:26 (GMT+4) slightly decreased to 1,072.5 (EUR924.6). Taking into account the exchange rate difference, this is 0.9% higher than the calculated price on October 25.

The dynamics of futures is calculated on the exchange from the settlement price of the previous trading day. On October 25, trading closed at $1,070 per 1,000 cubic meters, and the target price was $1,072.4 (EUR916.6).