Gas prices in Europe rise to 11%

Exchange gas prices in Europe on October 20 afternoon accelerated growth to 11% and almost reached $1,270 per 1,000 cubic meters, Report informs referring to the London Stock Exchange ICE.

November futures (according to the index of the largest European hub TTF) rose by 11% to $1,267.3 per 1,000 cubic meters. The dynamics is given from the settlement price of October 19, the previous trading day, which amounted to $1,140.1.

Despite the decline in autumn, gas prices are still several times higher than last year.