Growth rates of exchange prices for gas in Europe reached 21.5% – Kommersant

Growth rates of exchange prices for gas in Europe reached 21.5% - Kommersant

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Exchange gas prices in Europe accelerated growth rates to 21.5%, follows from the data of the London Stock Exchange ICE. As of 17:33 Moscow time, July gas futures on the TTF index cost $371 per 1,000 cubic meters. m.

July TTF futures opened trading today, June 9, at $296.5 per 1,000 cubic meters. m. The dynamics of quotations is given from the price level at the end of the previous trading day – $ 298.1 per 1 thousand cubic meters. m.

May 31, exchange prices for gas in Europe rose over $300 per 1,000 cubic meters m following reports of a gas leak at Equinor’s Norwegian LNG plant. In early June, prices returned to decline. According to analysts, there is no reason to expect that the downward trend in the European gas market will change.

More details – in the material “Gas prices in Europe are nervously falling”.

Erdni Kagaltynov

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