Exchange prices for gas in Europe have dropped to their lowest level since the beginning of June – Kommersant
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Exchange prices for gas in Europe fell below $280 per 1 thousand cubic meters. m. This was the minimum since June 7, 2023, according to data from the London ICE exchange.
March futures on the TTF index cost $280.5 at the opening of trading. As of 11:50 Moscow time, they fell in price by 2.4%, to $276 per 1 thousand cubic meters. m.
Two days ago, February 12, gas prices in Europe fell to a minimum since July 2023. The main reason for the fall in prices was the reduction in gas demand in Europe: according to the International Energy Agency, it fell by 7% in 2023, to the lowest level since 1995.
Details – in the material “Kommersant” “Gas at cycle change”.
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