Gas prices in Europe exceed $920

Gas futures on the London ICE exchange rose slightly, exceeding $920 per 1,000 cubic meters, Report informs referring to the ICE Futures platform.

July futures on the index of the largest European hub TTF opened trading at $938.8. So far, the price minimum is $912.8, and the maximum is $940.8.

Gas prices in Europe jumped sharply this year after the outbreak of hostilities in Ukraine: on February 23, the settlement price of the nearest futures was $1,038.6 per 1,000 cubic meters, and on February 24 it jumped by almost 50% - to $1,555.5.