Baku 20° C
Gas prices in Europe fall 1.6%
Energy
- 01 December, 2025
- 13:29
Add Report.az to preferred Google sources
Stay up to date with the top news!
European exchange gas prices fell 1.6%, falling below $340 per 1,000 cubic meters for the first time since July 11 of last year, Report informs referring to the London ICE exchange.
January (nearest) futures on the TTF index (Europe's largest hub, located in the Netherlands) opened trading at $340.1 (-1.4%). Their subsequent price is $339.3 (-1.6%).
The price dynamics are based on the previous trading day's settlement price of $345 per 1,000 cubic meters.
Meanwhile, during the previous autumn-winter period, in mid-February, exchange-traded gas in Europe was significantly more expensive – prices exceeded $630 per 1,000 cubic meters for the first time in two years.
Author
Latest News
18:05
Marianne de Jong on Dutch FM's visit: Amsterdam and Baku to adopt roadmap through 2028 – Exclusive
Foreign policy
17:59
Ursula von der Leyen: EU plans to unlock funds for Hungary by the end of the year
Other countries
17:53
Moldova's Foreign Ministry condemns attack on vessel carrying Azerbaijani and Ukrainian citizens
Other countries
17:48
Azerbaijan increases beef purchases from Ukraine and Brazil
Business
17:40
Azerbaijan reviews seven draft ICT standards
Business
17:23
Romania, US discuss Black Sea security and NATO"s eastern flank
Other countries
17:19
Romania's prime minister condemns Russian strike on ship with Azerbaijanis
Other countries
17:17
Photo
German ambassador inspects activities of Azerbaijan's Sumgait Industrial Park
Industry
17:03
EDB becomes co-founder of private equity fund for Central Asia, South Caucasus
Finance