The price of gas in Europe fell below $600 per 1,000 cubic meters. m
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Exchange gas prices in Europe fell below $600 per thousand cubic meters for the first time since August 31, 2021. The cost of February futures at the TTF hub in the Netherlands fell to $599 per 1,000 cubic meters. m. At the opening of trading, gas cost $ 637.7, after which the cost rose by about 5%, but again moved to a decrease.
Yesterday, January 16, gas prices in Europe following the results of trading decreased by 15.5%, being at the lows since September 2021. Since the beginning of the year, prices have already fallen by 25%. Their decline in January was caused by high gas reserves in European storage facilities and stable LNG supplies.
About gas prices – in the publication “Kommersant” “Useful Burrows”.
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