Gas price increases by 4.6% in Europe

In Europe, gas futures increased by 5% and were traded at $1,345 per thousand cubic meters, Report informs with reference to London's ICE Futures exchange.

Although the price of gas futures in TTF (Netherlands), which is the most liquid hub in Europe, started the day at $1,333.6 (+3.7%), it later increased to $1,345.2 (+4.6%). Dynamics are calculated based on the settlement price recorded on the previous trading day ($1,285.8 per thousand cubic meters).