Baku 32° C
Gas prices in Europe fall 3%
Energy
- 05 January, 2026
- 12:36
European gas prices fell 3% in morning trading, Report informs referring to the London ICE exchange.
February futures on the TTF index (Europe's largest hub, located in the Netherlands) opened trading at $342.1 (-2.8%). They then fell to $341.2 (-3%).
The price dynamics are based on the previous trading day's settlement price of $351.8 per 1,000 cubic meters.
On Friday, the first trading day of the new year, these prices rose 2% to $350 per 1,000 cubic meters.
The average price of gas futures on the European exchange last year slightly exceeded $420, which is almost 9% higher than the previous year.
Author
Latest News
15:49
Tunnel under construction collapses in Türkiye, killing one, injuring another
Region15:30
ADNOC tanker attacked in Strait of Hormuz
Other countries15:16
Lionel Messi's father dies aged 68
Football15:03
Fitch affirms AFB Bank's rating at B with stable outlook
Finance14:47
Hikmat Hajiyev: President Ilham Aliyev won the war, but also won the peace
Foreign policy14:37
Fitch expects Azerbaijan's banking sector to remain resilient in 2026–2027
Finance14:28
Chechelashvili: Washington meeting created a solid foundation for peace in the South Caucasus
Region14:21
Azerbaijan U18 women's basketball team defeat Estonia at European Championship
Team sports14:05