Baku 17° C
Gas prices in Europe fall over 1%
Energy
- 06 December, 2022
- 08:22
Add Report.az to preferred Google sources
Stay up to date with the top news!
Gas prices in Europe fell 1.1% in early trading on December 6, Report informs referring to the London Stock Exchange ICE.
January futures on the TTF index (the largest hub in Europe located in the Netherlands) opened trading at $1,495.6 (+1.1%). Then they fell to $1,462.9 per 1,000 cubic meters (-1.1%). The dynamics of quotations is based on the settlement price of the previous trading day - $1,478.8 per 1,000 cubic meters.
The cost of the nearest futures on ICE on December 1 for the first time since October 13 exceeded $1,700 (the maximum was almost $1,780). Prices in Europe rose against the backdrop of cold weather and low wind generation.
Author
Latest News
15:22
Tanker ordered by Iran's IRGC to turn back in Hormuz or risk being hit
Other countries15:03
Deemah Al Yahya: DCO's goal - to turn Azerbaijan's geography into digital advantage – INTERVIEW
Foreign policy14:51
Preparations to host inaugural FIFA U15 World Cup and Festival continue in Baku
Football14:49
ANAMA: 1,144.9 hectares of territory cleared of mines last week
Domestic policy14:45
Majnun Mammadov: First greenhouse industrial zone being developed in Jabrayil
AIC14:35
Azerbaijan to measure agricultural water consumption
AIC14:21
Minister: Azerbaijan to subsidize interest on annual crop loans
AIC14:10
Presidential envoy: 24,000 hectares of arable land await entrepreneurs
AIC13:59